Currently: Long Looking to: Sell at 128
As of 5/24/19 close: 124.89
LAST WEEK: We suggested holding longs until 127.25 and then looking to sell and get short up there with stops above 128.11 and with a target of 115.
UPDATE: Treasury price futures (@TY) rallied slightly above the recent daily highs this week, but then pulled back a bit on Friday. The daily and weekly close above 124.12 has caught our attention, though. Looks like a test of 128.11 could be in store after a pullback. We would be buyers of TY futures at 123.02 with stops on a close below 122 and with an upside target of 128. No shorting here for now.