Bonds
Bonds rejected the 132^04 resistance last Friday and fell to the bottom of the range today to rest on daily support at 129^21. Bears need any minor bounce to hold under 130^20 and drop through 129^21 to make a push for at least 128^24 and likely lower. I still think that the debt ceiling drama can be a catalyst to get a wave (v) down in ZB started.
Keep reading with a 7-day free trial
Subscribe to Trading On The Mark to keep reading this post and get 7 days of free access to the full post archives.