Top Notch Trading 10/12/16

TOP NOTCH TRADING

“THE FUTURES DEFINED”

A DAILY TECHNICAL APPROACH TO 30 YEAR BOND FUTURES

FOR INFORMATION: E-MAIL- haefketim@gmail.com 10/12/16

 

 

USZ

GLOBEX OPEN – 164.04

170.16 WEEKLY FIB  
168.25 LAST WEEK HIGH  
168.19 -50 DAY M.A.  
168.17 -100 DAY M.A. Res.- 164.20, 165.03, 165.14, & 166.18
166.18 #  
165.29*  
165.14 FIB -2 Sup.- 163.12, 163.05?, 162.29, & 162.16
165.03 FIB -1  
164.29 STOPS?  
164.23 YEST. HIGH  
164.20 > I THOUGHT THERE COULD BE A RELIEF BOUNCE FOR
164.11 YEST. SETTLE YESTERDAYS SESSION, BUT IT APPEARS THE WEIGHT
164.10 v FROM ABOVE KEEPS THE PRESSURE ON. FAILING
164.03 PIVOTAL / 164.02 < TO FIND YESTERDAYS SETTLE OF 164.11 IS A FIRST
163.24 YEST. LOW CLUE WITH A CURRENT PRE-MARKET HIGH OF 164.09,
163.21 WEEK LOW YESTERDAYS PIVOTAL PRICE. MAKING NEW LOWS
163.12 FIB -1 AS I WRITE HEADING INTO THIS MORNINGS OPEN IS
163.05 T-LINE A SECOND CLUE, BUT IT NEEDS TO TRADE UNDER
163.01 FIB -2 / 162.29 # THE WEEKS LOW, 163.21, FOR FURTHER EROSION
162.16 WKLY FIB / 162.06* IN FRONT OF TODAYS FOMC MINUTES RELEASE.

                                                                                                                                                                                          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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