Tuesday, December 13, 2016

Tuesday, December 13, 2016 Morning Bond Comments from MB

Tuesday, December 13, 2016 Morning Bond Comments from MBSocialTwist Tell-a-Friend




Hello. Light calendar today. Quiet, buy the dip action in the 30 year overnight. Looking at yesterday’s rally and some overnight follow through, I think bonds could continue to see higher into the FOMC decision.

I am willing to buy lower with smaller size. 148’23 and adding at 148’16. Risking 12 ticks on the ave to scale at 16 and 24 tick profits. I like selling the 149’22 price small, adding small at 149’28 and 150’02 (if necessary) risking 10 ticks on the ave to make 24 ticks.


150’02 (***) Target 3 + Good Resist

149’28 (*) Target 2 + Still in Resist Zone

149’22 (***) First Higher Target + Good Resist

149’09 Price as of this writing (just a reference)

148’23 (**) Early Pivot – Bias Long Above + Short Below

148’16 (*) First Lower Target + Some Support

148’08 (*) Lower TGT 2 + Some Support

147’26 (*) Target 3


All the best;

Michael Blythe
Futures Strategist
Hamzei Analytics, LLC

Disclaimer and Terms of Service

© Copyright 1998-2023, Hamzei Analytics, LLC. Hamzei Financial Network is published by Hamzei Analytics, LLC, Naples, FL 34112, Admin@HamzeiAnalytics.com (310) 306-1200. The information herein was obtained from sources which Hamzei Analytics, 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.