Adjusted on: 10/1
Comments: Bonds: I think the bulls need this pivot and it’s likely they’ll need 150.09 – but doing so brings 151.17 into play. Downside, the bears MIGHT get something going below 148.14 – but it might take a failure of 148.04. 10s: Trade up thru 133.29 projects to 134.30. Best weakness comes below 132.23. 5s: We could get first weakness below 124.11, but BEST weakness is below 124.05_7 (seeks 123.235). Guard against a chop at the pivot – but if the bulls win-out (especially above 124.24) favor the bulls as there is a target up at 125.25. SPs: If the bulls can get trade above 1446 it lets them take a run at 1468.25. Weakness – and that includes rejecting 1446 brings 1424.50 into play. Continued weakness at 24.50 targets 1408.
|
DEC BONDS |
DEC 10s |
DEC 5s |
|
151.17* target |
134.22 target |
125.13 |
|
150.21 |
134.12 target |
125.085 pivotal |
|
150.09 follow thru? |
133.29 sm pivotal |
124.30 target |
|
149.28 PIVOT |
133.23 PIVOT |
124.24 long above |
|
149.05 look for weakness |
133.12 sell |
124.215 PIVOT (true) |
|
148.31* |
133.06* target |
124.175* |
|
148.14 target |
132.31* |
124.11* |
|
148.04 pivotal |
132.23 pivotal |
124.05_7 pivotal |
|
147.10* weak below tho |
132.165* |
123.31 weaker below |
|
146.29 target |
132.085 major |
123.235 target |
|
|
|
123.19 pivotal |
|
DEC SP500 |
|
1468.25 pivotal |
|
1456.75* |
|
1446.00 watch |
|
1435.25* PIVOT |
|
1424.50 watch |
|
1417.00 |
|
1413.75* |
|
1408.00 pivotal 1398.50 support? |
|
1387.00*
|
Economic Calendar (all times Central) Expected Last
no reports scheduled
