We've been tracking and forecasting the bonds higher since last Friday, when they turned from a low near an important Hidden Pivot support at 119^10. Now, having exceeded the first rally target subsequently given,
T-Bond Futures
USM09 – T-Bond Futures (Last:121^24)
– Posted in: Current Touts Free Rick's PicksFrom just above a predicted low at 119^10, the futures have now rallied to within a whisker of our first important rally target, 121^28. Someone in the chat room reported booking a $400 profit on a long position taken near the lows, but it would have taken unnecessary guts to have
USM09 – T-Bond Futures (Last:121^20)
– Posted in: Current Touts Free Rick's PicksThe futures have taken a tentative bounce from within five points of the 119^10 Hidden Pivot support that I'd flagged last week as a potentially important low. The minor uptrend that has ensued so far projects to 121^28, but the June contract would first need to get by its midpoint sibling at 121^04 to challenge the higher resistance. The less delicately this scenario unfolds, assuming
USM09 – T-Bond Futures (Last:120^07)
– Posted in: Current Touts Free Rick's PicksThe futures are within a day's weakness of a potentially very important Hidden Pivot support at _____. I have my doubts that it will end the bear market, but it could engender the kind of bounce that will make shorts doubt, at least for a short while, that


