30yr Treasury Bond - Vulnerable

The 30yr took a tumble and is threatening to return to the aggressive sell campaign. FADE strength against the 118-06 Inflection Pivot expecting the worst. A break under 116-065 is need to confirm any new move lower. A failure here should be pressed with expectations of the market making a play for the 112-195 level. Use caution. Things have the potential to get emotional.




A rise above 118-06 removes the negative threat signaling more big digestive action with 120-075 the immediate target for any positive turn of events.


JS




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