Friday, December 2, 2016 Morning Bond Comments from MB
Good morning. Bond market unable to get much of a lift even with equity weakness. Hard to think of buying any dips today, I prefer shorting the (***) levels.
151’22 (***)
151’00 (***) Strong Resistance
150’16 (**)
149’12 (*) First Lower Target + Small Support
149’02 (*) Lower TGT 2 + Small Support
149’22 (*) TGT 3
148’12 (**) TGT 4 + Some support
All the best;
Michael Blythe
Futures Strategist
Hamzei Analytics, LLC