Currently: Long Looking to: Sell @ 142.554
As of 8/7/20 close: 139.953
LAST WEEK: We suggested buying near 139.50 with stops below 139 and with a target of 142.554.
UPDATE: Treasury futures (10-yr) rested a bit on Thursday and Friday but remain in a very bullish technical posture overall. We still see them trading up north of 142 before all is said and done.
We would continue to look to buy TY futures on dips this time to 139.617 with stops honored on a close below 139 and with a target for taking profits on longs at 142.554. No shorts in bonds until further notice.