30 yr. Bonds…Pattern Alert !

30 yr. Bonds…the pit session is attempting a daily ORH with a close
over 132.28. The all session chart needs a close over 133.16 for this pattern.

In any event 133.23-25 is resistance the first time up.

We pointed out the TLT earlier this A.M. which is putting in this same type of pattern. 135 is the initial tgt level for the 30 yr Futures with pattern follow through.

Spu’s…1637-8 should be the extent of the sell off if they are going to hold and rally late.

130829_123845_CQG_IC_Chart_S_TLT_-_iShares_20+_Year_Treasury_Bond_ETF_Daily

130829_123922_CQG_IC_Chart_US_-_30yr_US_Treasury_Bond_-_Settlement_Daily_Continuation

130829_123940_CQG_IC_Chart_USA_-_30yr_US_Treasury_Bonds_(Globex)_Daily_Continuation

 

 

 

 

 

130829_123845_CQG_IC_Chart_S_TLT_-_iShares_20+_Year_Treasury_Bond_ETF_Daily

 

 

 

 

 

This entry was posted in Archive and tagged , , , , , . Bookmark the permalink.