Adjusted on: 10/2 US 30-Year Bond: With the lack of interest Wednesday it’s still going to be important for us to stay patient. Strength targets 135.07 and 136.03. There are no triggers for lower trade; 131.05 (a first-touch fade) will give the bears much better control.
10-Year Treasury Note: The bulls NEED to hold this pivot –with strength thru 126.215 targeting 127.10. Again, no triggers for lower trade but we’ll get profit taking trade the more time spent below this pivot.
S&P500 Stock Index: The bulls still need to take out this pivot – then they can try for 1722. Until they can accomplish that, the lows and 1652.25 are in play