30 Yr. Bonds & Bund Pattern Alert

There is a potential daily double bottom in the 30 Yr. bonds @ today’s low, however we would need to see a close over 138 (H) and new price action above 138.14 (H) to confirm a low.

Violation of the low, would likely lead to lower prices into Tuesday.

Bunds…Last week they put in an ORL week.They are attempting an ORL Month with a close below 136.93 (M). The weekly pattern has followed through. 135.18 is the 200 day mvg avg. This would be the place to look for a bounce.

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