USZ09 – December T-Bond Futures (Last:121^19)

The futures looked to be developing thrust for a move to as high as 124^02, subject to midpoint resistance at 122^02.  They need only reach 123^09 to trip a buy signal for an even larger bullish pattern that projects to as high as 128^13. That last number is somewhat fanciful at the moment, but there is no mistaking the incipient buying power percolating beneath the surface right now.