Monday, December 19, 2016 Morning Bond Comments from MB

Hello. Once again, bonds trying to hold up in a quiet overnight session. This week has a mixture of quiet but also some noticeable economic reports. Bonds have to rally back up to 150’00 at least some point.

I like selling the 148’15 price today, risking 8 ticks to make 16 minimum, if there is momentum lower then I’d attempt for 24 ticks. Or I can buy 147’18, risking 8 ticks to make 24.

149’09 (***) TGT 4 + Resist

`148’28 (*) TGT 3 + Some Resist

148’15 (**) TGT 2 + Fair Resist

148’06 (*) First Higher Target + Small Resist

147’28 (*) Early Pivot

147’21 (*) First Lower Target + Some Support

147’14 (**) Target Two + Better Support

147’04 (***) TGT 3 + Support


All the best;

Michael Blythe
Futures Strategist
Hamzei Analytics, LLC