Continued T-Note, Eurodollar Gains Identify New S-T Bull Risk Levels

Posted on 9/6/2017 8:52 AM by Dave Toth


Yesterday’s break above 29-Aug’s 127.105 high reaffirms the developing uptrend and leaves Fri’s 126.19 low in its wake as the latest smaller-degree corrective low the market is now required to fail below threaten the advance.  In this regard 126.19 is considered our new short-term risk parameter from which which shorter-term traders can objectively rebase and manage the risk of a bullish policy and exposure.  Former 127-1/4-to 127.00-range resistance is considered new near-term support.

US T Note 10 Y 6-9


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