Top Notch Trading 05/24/17

TOP NOTCH TRADING

“THE FUTURES DEFINED”

A DAILY TECHNICAL APPROACH TO 30 YEAR BOND FUTURES

FOR INFORMATION: E-MAIL- haefketim@gmail.com 05/24/17

 

 

USM

GLOBEX OPEN -153.08

156.18*

155.26 #

155.17 WEEKLY FIB  
155.05 REG. SESS. YR. HIGH  
155.00 FIB -2  
154.20 FIB -1 Res.- 153.25, 154.13, 154.20, & 155.00
154.13 STOPS?

154.08 > YEST. HIGH

 
154.02 v Sup.- 153.03, 152.28, 152.23, & 152.16
153.25*  
153.18 <  
153.11 PIVOTAL LAST WEEK THIS FUTURE FOUND A GLOBEX HIGH
153.09 YEST. SETTLE OF 154.13 AND FOLLOWED WITH A REGULAR
153.08 YEST. LOW SESSION WEEKLY HIGH AT 154.08. YESTERDAY
153.03* THE SAME SCENARIO TOOK PLACE WITH ONLY ONE
152.28 FIB -1 DIFFERENCE, THE CURRENT WEEKLY GLOBEX HIGH
152.23* CAME IN AT 154.12, WHICH IN TURN FOUND THE SAME
152.16 FIB -2 SPOT ON HIGH FROM LAST WEEK 154.08. IT LED AN
152.07 # ABOUT FACE FROM A POSITVE BIAS TO A NEGATIVE
151.31 -50 DAY M.A.

150.30 LAST WEEK LOW

ONE BY DAYS END WHEN SETTLING RIGHT OF ITS

LOW. IT QUESTIONS IF FURTHER EROSION WILL BE

SEEN TODAY. NEED TO RELEASE TRAPPED LONGS

149.21 WEEKLY FIB AT 153.18 OFF THE SETTLE OF 153.09.

 

   

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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