I sold a couple of 30 Yr Futures this A.M. @ 140.00.

I still have a resting order at the target to sell more.
This is a big macro level.

The 30 needs under the hourly support @ 139.10 to confirm a high.
This could take a couple of days to play out.

While the equity indices had an over sold bounce and trapped some weak shorts, this doesn’t mean we don’t go back down and retest or put in a lower low.

We’re just a headline away from another risk off swoon.

In a perfect world the Bonds would have hit the tgt zone as the Equity Indices hit my go long levels.

Time Frame trading today.
It will be a late day trade.

ABX…is attempting to put in a good low with a close over 18.78.

GDX...needs a close over 27.58 for a matching pattern.

Seasonally, August is a good time to look for a play in the Miners.