Near Term Trend: Neutral / Bullish
Fridays close: Price 12624 Yield:2.194%
UPDATE: Last week, I suggested buying dips to 12613 with stops below 12611 and with a target of 12715. I also suggested shorting up at 12717 with stops above 12719 and a target of 12416.
Treasury prices rallied this week as uncertainty grew surrounding the stability in the Trump Administration. There was a bit of a pullback Friday, but the chart is ST bullish. Best not to chase though buy dips!!
Get long on a dip to 126 and look to sell up at 12829.