February 13th, 2012
Published Daily

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

by Rick Ackerman on November 25, 2009 9:08 am GMT

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.



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