Currently: Long Looking to: Sell @ 134
As of 11/15/19 close: 129.14
LAST WEEK: We suggested buying down to 127.32 with stops on a close below that level and with a 134 target.
UPDATE: TY futures bounced late in the week last week but seem to be running right into the first potential ceiling at 129.38. If they can close above that on a daily basis, the next
possible resistance would be 130.48. The downside targets if things turn lower come in at 127.73 and 127.32.
We would be selling now ahead of a test of at least 127.73 and possibly 127.32. Honor stops on shorts on any close above 129.40 and look to cover down at 127.73. Look to buy down at
127.32 with stops below 127.30 and with a target of 134.