Friday, December 23, 2016

Friday, December 23, 2016 Morning Bond Comments





Bond market still trying to lean higher with unimpressive volume during a disinterested pre holiday week. The cash bond market closes at 1:00 pm cst time today.



150’05 (***) Third Higher Target + Resistance

149’27 (*) Second Higher Target

149’18 (*) First Higher Target

149’09 (*) Early Pivot

148’26 (*) First Lower Target + Some Support

148’18 (**) Second Lower Target + More Support

148’10 (*) Third Lower Target + Support


All the best;

Michael Blythe
Futures Strategist
Hamzei Analytics, LLC