Leaving the Levels Wide

Comments:  US 30-Year Bond: I’m still leaving the levels kinda wide…yesterday showed us nothing – no new info gleaned from the session – so let’s keep working with the bigger picture: we’ll have to expect weakness below 134.10…if the bulls can keep trade firm they need to test 137.00…then we’ll see what happens up there.  10-Year Treasury Notes: As long as trade stays above the 2 ½% we need to give the bulls a chance to test 127.175 and 127.23 (175 looks like the better first-touch fade). Weakness thru 126.145 should go after 126.00.  5-Year Treasury Note: The keys here are 121.255 (trade thru there can go after 122.055) and 121.13 (I’ll favor the bears below there). S&P500 Stock Index:  We’ll go with the bulls as long as they can hold this pivot…note the target further up (1727.25 is also a target) …bear-control of 1660.25 and ESPECIALLY 1654.25 is bearish.