Currently: Cash Looking to: Short @ 130.60
As of 10/18/19 close: 129.95
LAST WEEK: We suggested buying TY futures at 128.44 with stops on a close below 128.08 and with a 133 target.
UPDATE: TY futures may be in bounce mode for a bit possibly until 130.60 or 130.86 are tested. Once this bounce
fully plays out, we expect another move lower in price to around 128.59.
We would be selling bounces to 130.60 with stops on a daily close above 130.90 and would look to cover down at 128.60.
We would also flip and go long down there with stops below 128 and with an upside target of 133.