Currently: Cash Looking to: Buy here
As of 11/27/20 close: 13817.5
LAST WEEK: We suggested selling longs / getting short of TY futures or Treasury bond proxies when TY prices tested 13908.5. Stops were to be honored on a close above that level and the target for covering was 13622.
UPDATE: 10-Year US Treasury Price futures appear to us to be in the c wave of an upside abc correction. This correction should have resistance at 13906 before downside action resumes. We would look to buy near Fridays close with an upside target of 13906 for taking profits. We would look to short at 13908 with stops on a close above 13909 and would look to cover at 13622.