Monday, December 5, 2016

Monday, December 5, 2016 Morning Bond Comments from MB

Monday, December 5, 2016 Morning Bond Comments from MBSocialTwist Tell-a-Friend


Weakness continuing in the fixed income futures markets overnight, hard to turn the bonds around ahead of the FOMC meeting. This week’s calendar is busy, but nothing that will be a big heavy hitter, as we start to anticipate next week’s meeting.

I like buying 149’14 with smaller size risking 8 ticks to make 16 (minimum) or shorting 150’24 with smaller size and adding at 151’02, risking 12 ticks on the average to make a full 32 tick handle.


151’20 (***)

151’02 (***) TGT 2 + Stronger Resist

150’24 (**)  Target above the pivot + Some Resist

150’11 (*) Early Pivot – sets bias

149’22 (*) First Target Below + Some Support

149’14 (**) TGT 2 + Stronger Support = worth a buy with smaller size

148’31 (***)


All the best;


Michael Blythe
Futures Strategist

Disclaimer and Terms of Service

© Copyright 1998-2017, Hamzei Analytics, LLC. Hamzei Financial Network is published by Hamzei Analytics, LLC, 6840 Huntington Lakes Circle, Suite 201, Naples, FL 34119, Admin@HamzeiAnalytics.com (310) 306-1200. The information herein was obtained from sources which Hamzei Anlaytics, LLC believes are reliable, but we can not and do not guarantee its accuracy. None of the information, advertisements, website links, or any opinions expressed constitutes a solicitation of the purchase or sale of any securities or commodities. Please note that Hamzei Analytics, LLC or its principals may already have invested or may from time to time invest in securities or commodities that are recommended or otherwise covered on this website. Neither Hamzei Analytics, LLC nor its principals intend to disclose the extent of any current holdings or future transactions with respect to any particular security or commodity. You should consider this possibility before investing in any security or commodity based upon statements and information contained in any report, post, comment or recommendation you receive from us. The content on this site is provided as general information only and should not be taken as investment or trading advice. Any action that you take as a result of information, analysis, or conclusion on this site is ultimately your responsibility. Always consult your financial adviser(s) before making any investment or trading decisions.