USH10 – March T-Bond Futures (Last:118^06)

The futures found little support yesterday at the 118^14 Hidden Pivot midpoint of the pattern shown in the chart, so we’ll assume they’re bound for that number’s ‘D’ sibling, 116^20, at least.  The downtrend begun around Thanksgiving has unfolded with authority, and nothing less than an upthrust exceeding 120^14 will suffice to turn things around.