Currently: Long Looking to: Sell / short @ 13712
As of 1/8/21 close: 13621
LAST WEEK: We suggested selling longs / getting short at 13820.5 with stops on shorts on a close above 139 and with a target for covering at 13515.
UPDATE: 10-Year US Treasury Price futures surprised us by dropping in price below 13707.5 last week. That was a very bearish development for bonds. We now must shift to selling rallies instead of buying dips.
We would exit longs and get short of TY futures on a bounce to 13712 and would look to cover at 13430.5.