Day Traders…Pit only or all sessions chart should have you focused on 118.10
later in the morning. The Bonds are getting oversold down here which brings price action
opportunity mid-week. Action above 118.10 can lead to a lot of short covering.
This is the type of day to have your favorite short term maps out.
You have to be careful of selling weakness. New lows on a day like today can lead to
rapid reversals.
We are not involved, however Day traders should pick their levels wisely.
Expect the price action to increase around 10 CT and the noon auction.
