Wednesday, November 30, 2016 #PreMarket Morning US Treasury Bonds Comments from MB
Good morning. Busy day on the eco calendar, as well as the
months end trade and the roll. I expect to lead to further lower prices amongst
Treasuries.
Note: Overnight, volume moved to the March 17 contract, I am
using those levels today:
152’22 (***) Resist
152’16 (**) TGT 2 + Solid Resistance
152’10 (*) First Higher TGT
152’04 (*) Early Pivot
151’24 (**) Lower Target + Support
151’19 (**) Support
All the best;
Michael Blythe
Futures Strategist
Hamzei Analytics, LLC