Near Term Trend: Neutral / Bearish
Sunday @ 11:35pm EST: Price 12520.0 Yield:2.319%
UPDATE: Last week, I suggested buying TY futures at 12416.5 with a target of 12528.0 with stops on below 12416.0.
Treasury prices rallied this week as expected, but started their rally a bit above the 124.16.5 projected support. Now, they look like they may continue higher in the short-term before turning lower again.
Try to sell longs and get short near 12611 with stops on a daily close above that level and with a target of 12408.