We sold 2 USAZ @ 136.28 earlier tonight.
We are currently short 2 30 yr. Bond futures.
137.00 is right where the Bonds closed out last qtr.
Given that the Bonds put in an ORH day Friday and are remaining bid
in early Asia we’re going to cancel the remaining sell order.
They currently need back under 136.20 to confirm any near term high.
Cancel this order.
“SELL 2 USAZ @ 137.02 GTC”
We’ll take a fresh look in the A.M. I want to keep it small since the chart pattern shows the possibility of another point higher, making the 138.00 level a much less risky place to trade.