Currently: Short Looking to: Cover @ 13818
As of 10/18/20 @ 11:45pm EST: 13829.5
LAST WEEK: We suggested covering shorts at 13818 and trying longs at 13808.5 with stops below 13807 and with a target of 1425.
UPDATE: 10-Year US Treasury Price futures appear to us to be rolling back over and like they should be headed towards our target of 13817.5 or 13808.5. This drop in prices / rise in yields should coincide with weakness in gold and perhaps US large caps and emerging markets equities. We would look to cover shorts at 13817.5 and would look to get long of TY futures at 13808.5. Stops on longs should be honored on a close below 13808 and the upside target will be 1425.