Commentary, Equities, Featured, Interest Rates|October 26, 2012 7:00 am

Broz on Bonds

Adjusted on: 10/25

Comments:
Bonds: NO PIVOT. Make them get the market either ABOVE 146.28 (to seek 148.04) or BELOW 146.14 (with better weakness below 146.04). 10s: Keys here are: 131.18 and 131.09 – both COULD hold, but trade below 131.09 targets at least 130.31. Up-top, the bulls need that pivotal AREA. 5s: Downside, altho 123.18_7 is supportive, weakness WANTS to test 123.085. Upside, the bulls need 124.175. SPs: The bulls NEED to defend 1393.50 – do NOT get caught long below 85.50. Trade up thru 1417 seeks 1433 and 1439.75.

Tags: Bonds, Futures, Trader, trading floor

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Broz on Bonds

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