USU11 – September T-Bond (Last:134^11)

September T-Bond (USU11) price chart with targetsWow!  The futures have blown through a major Hidden Pivot resistance at 132^27 so easily that the continuation of the bull market seems all but certain. For the present, I’ve extrapolated one last rally target at 135^13 from the 240-minute chart (see inset), but it will require a continuous chart to project any higher.  The weekly chart is easily up to the task and envisions as high as — are you sitting down for this? — 143^11!  (A=88^12 on June 15, 2007).