Top Notch Trading 10/20/16

TOP NOTCH TRADING

“THE FUTURES DEFINED”

A DAILY TECHNICAL APPROACH TO 30 YEAR BOND FUTURES

FOR INFORMATION: E-MAIL- haefketim@gmail.com 10/20/16

 

 

USZ

GLOBEX OPEN – 164.11

166.21*
166.03 WEEKLY FIB
165.21 #
165.19 FIB -2 Res.- 165.07, 165.15, & 165.19 -165.21
165.15*
165.09 LAST WEEK HIGH
165.07 FIB -1 Sup.- 163.29, 163.14, 163.00, & 162.12
164.26 YEST. HIGH
164.17 >
164.11 PIVOTAL
164.07 YEST. SETTLE RANGE BOUND FOR THE WEEK THUS FAR AS THE
164.03 v TRADE HAS YET TO TEST LAST WEEKS LOW OF
163.29 < 163.06 / HIGH 165.09. HOWEVER, NOT TO SOUND
163.25 YEST. LOW REDUNDANT, BUT THE WEEKEND SESSION DID
163.14 # BREACH THAT LOW OF 163.06 SET ON FRIDAY WITH
163.12 FIB -1 A MOVE TO THE 162.19 PRICE, A LEVEL OF INTEREST
163.06 LAST WEEK L OW OPEN ON THE DOWNSIDE. A CONSOLIDATED
163.00 FIB -2 EFFORT KEEPS A NOMADIC MINDSET. IT’S SUSPECT
162.19 WEEKEND LOW FOR A NEWS RELATED ITEM TO SPUR A MOVE ON
162.12 WKLY FIB / 161.27* EITHER END OF THE CURRENT RANGE.

                                                                                                                                                                                          THE INFORMATION PROVIDED IS BASED ON SOURCES I BELIEVE TO BE RELIABLE. I DO NOT REPRESENT THAT IT IS COMPLETE OR ACCURATE. THE OPINIONS CONTAINED HERE ARE NOT TO BE CONSIDERED AS AN OFFER TO BUY OR SELL THE FINANCIAL INSTRUMENTS PRINTED HEREIN. ANY OPINIONS ARE BASED SOLELY BY THE AUTHOR.

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