Currently: Short Looking to: Cover at 126.85
As of 9/27/19 close: 13026.00
LAST WEEK: We suggested shorting at 13040 with stops on a close above 131 and with a covering target of 12685.
UPDATE: TY futures ran up to 13068 this week which now appears to be the key resistance to conquer in the very short-term. If we see TY prices move above that level, look for a run up to 132.40. If 13068 holds as resistance, look for the rest of the forecasted move to 126.85 to play out.
We would short TY futures at 13068 with stops honored on a close above 131 and with a target for covering at 12685.