February 10th, 2012
Published Daily

USZ09 – December T-Bond Futures (Last:119^28)

by Rick Ackerman on October 20, 2009 4:02 am GMT

The futures have been working on a bullish, 125^12 target for five weeks, at least in theory, but they can’t afford to back pedal much more without turning the daily chart moderately negative.  A print down to 117^17 is where trouble would begin, but a bit lower, hitting 116^29, would put bulls on the defensive.



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