Adjusted on: 9/8 US 30-Year Bond: Trade thru 128.14 will seek the support(s) at 127.18 and 127.01. The bulls can start to regain some control above 130.06 – which will let them test the yield.
10-Year Treasury Notes: The nearby key is actually WHO controls 123.11…trade above it will seek 123.30. Weakness – especially thru 122.085 – seeks 121.225 and GOOD support at 121.16.
5-Year Treasury Note: After putting the levels together it looks like a mess – but here’s what matters: The bears NEED to get trade back below this pivot and maintain control there – that lets them retest 118.10. Taking trade above 119.01 takes sell pressure off the market.
S&P500 Stock Index: Trade up thru 67.25 – and there is solid resistance there – seeks 85.75. The big picture is still bearish – but the bears need to take trade back below 47.75 in order to reassert and go after the REAL key: 1628.50.