90.47 is a double bottom on the TLT monthly.
The 30 year remains in a 3 point trading range.
It is our belief that we’ll see the stops elected above 122.10 in the futures.
Then we could see another 2-3 points above this level.
Short term traders would be better served buying the dips at this point, as time
is running out for further weakness on this particular swing.
We’re looking for this price action to set up over the next couple of days.
