Near Term Trend: Bearish for prices
As of 11/10/17 close: Price 12422.5
Last week, I suggested buying TY futures at 12423 with stops below 124 and selling up at 12924.
Treasury Note futures pulled back this week with the continued strength in stocks and crude oil. NASDAQ hit its upside target and turned back initially. Could this be the beginning of lower stocks / higher bonds?
Id be buying TY Futures here with stops on a close below 12421 on a daily basis. Look for a continued rally up towards 12924.