Near Term Trend: Neutral
As of 12/8/17 close: Price 12409.5
Last week, I suggested buying dips to 12330.5 with stops below 122 and with a target of 12510.5 for sales / shorts. Stops were recommended on shorts above 12511.5.
Treasury Note futures rallied as stocks fell early in the week and rallied as stocks bounced late in the week last week. Once a top occurs in stocks in earnest, bonds should rally hard.
Id be buying dips to 12400.5 with stops on a close below 123 and with an upside target of 12510.