Currently: Cash Looking to: Short at 119.57
As of 11/16/18 close: 119.25
Last week, I suggested buying TY futures near 117.43 with stops below 117 and with a target of 121.33.
TY futures have been on the rise in the last two weeks as what may be wave c higher of an overall abc upside correction plays out. It now looks to me like the resistance is in the 119.40 119.57 range. Above that level will signal to me the markets are anticipating some economic sluggishness. Below it and were still in higher rate range.
Sell longs at 119.40 and short at 119.57 with stops on a close above 119.65 and with a target of 117.