30 Yr. Bonds…135.00 + a few is matching Fib support.
This is big swing stuff. It’s the first serious measured pullback from the
2007 low and 50% back from the 2011 low.
This is a big technical level that deserves your attention and respect.
Not bouncing and maintaining below this level would see more 30 yr. selling and more equity weakness.
Spu’s…the Sept Futures will need to close tomorrow over 1597 to hold up
on the weekly charts. We’ve been looking for the 1560’s for a starter.

