USU09 – T-Bond Futures (Last:116^11)

Friday’s failure to push above a small peak at 115^03 recorded on the  way down a day earlier suggests weakness over the near term, although a pop today exceeding 115^20 would turn the minor trend back to bullish.  Short 114^14.5 with a very tight stop-loss if the opportunity arises.  Correction:  Sorry for the untradable misprint, for it was a short at 115^14.5 that I’d intended.