USU10 – September T-Bonds (Last:126^16)

September T-Bonds (USU10) price chart with targetsThe 126^07 Hidden Pivot flagged here yesterday caught the exact low, although the subsequent rally has not yet gone far enough for us to infer confidently that the correction is over. Officially we hold no position, but if you got on board on your own initiative, switch from a break-even fixed stop to a ten-tick trailing stop if and when 127^01 is exceeded to the upside. If you hold a multi-contract position, take profits on half at that price.