Currently: Long Looking to: Sell @ 131.39
As of 2/13/20 as of 6:55pm EST: 130.85
LAST WEEK: We suggested selling longs / getting short at 131.29 with stops > 131.35 and with a target of 129.70.
UPDATE: Treasury futures are seeing waves of inflows as global money managers seek safe haven sporadically based on the flow of virus-related headlines. TY futures still look like
they have resistance a bit higher towards 131.39. The downside target / support for TY futures comes in at 129.97.
We would look to sell longs / short up at 131.39 with stops on shorts above 131.45 and would look to cover / buy down at 129.97. Stops on longs will be honored on any close below 129.70.