USU09 – T-Bond Futures (Last:116^12)

In after-hours trading the futures were stalled at midpoint resistance, 116^14.  If they get past it, however, a Hidden Pivot at 119^05 would be in play, and with it the potential to kick the hourly chart into high gear.  Please note that a rally achieving 119^05 would have exceeded a total of three prior peaks, including two “externals,” signaling a move of at least three to four weeks’ duration.  Once above 119^05, a path would be open to around 122.