Adjusted on: 10/22
Comments: Bonds: If the bears can take out 146.11 we need to look for 144.24-144.16. Upside, the bulls can start to take back some control above 148.05. 10s: Trade below this pivot targets 131.255 -and IF we get any action – 131.18-095. (The latter 2 prices are very significant – don’t get caught long below them). First strength will be above 132.185. 5s: Trade below 123.25_7 targets 20 – and if we get any action – 123.075. Upside, the bulls need 124.165. SPs: Trade above this pivot takes immediate sell pressure off the market; then the bulls need to get trade above 41.50 (which lets them test 58.50). Trade below the pivot is still bearish.
