The bonds are in limbo right now. On the daily chart, price would have to go through 116-19 and then P would be 113-29. For the up move to continue price would have to go through 118-26 and then the P would be 119-03 and the longer cycle price objectives remain the same as yesterday. There is still downside pressure being applied to the charts and the 119-04 level continues to act as resistance. The night session could carry price down to the 118-18 with a D of 118-00. (IT)
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