Currently: Cash Looking to: Short here and cover @ 125.19
As of 6/24/19 at 1:24am EST: 127.63
LAST WEEK: We suggested holding shorts unless TY closed above 127.25. We gave a downside target of $125.34.
UPDATE: Treasury price futures (@TY) did not make it down to our buy points last week, but made it up to and through our projected resistance instead. TY now is trying to find a (temporary) ceiling up around 128. From there look for a pullback to 125.19 or 124.42 and then another test of the current short-term highs. We would be shorting here and looking to cover and get long at 125.19.