Top Notch Trading 12/22/17

TOP NOTCH TRADING

“THE FUTURES DEFINED”

A DAILY TECHNICAL APPROACH TO 30 YEAR BOND FUTURES

FOR INFORMATION: E-MAIL- haefketim@gmail.com 12/22/17

 

 

USH

GLOBEX OPEN – 151.00

155.04 WEEKLY FIB

152.28*

152.20 #  
152.08*  
151.24 FIB -2  
151.16 FIB -1 Res.- 150.16, 150.24, 152.08, & 152.20
151.08 YEST. HIGH  
151.06 YEST. SETTLE Sup.- 150.16?, 150.11, 150.03, & 150.03
151.00 >  
150.31 PIVOTAL  
150.24 v THIS FUTURE DID FIND A SMALL RALLY BY THE END
150.20 < OF THE TRADING DAY, BUT LAST NIGHT LOOKS LIKE
150.19 YEST. LOW TODAY COULD BE A REAL “SLEEPER” AS THIS FUTURE
150.16 STOPS? COULD ONLY MANAGE A PRE-MARKET RANGE OF 7
150.11 FIB -1 TICS. TODAY’S PIVOTAL PRICE AT 150.31 WILL BE
150.03 FIB -2 THE DETERMINING FACTOR ON WHETHER OR NOT
150.01 # THIS FUTURE MAINTAINS A POSITIVE LOOK AND I
149.22* STILL THINK THE PIVOTAL PRICE FROM 2 SESSIONS
149.08 CONTRACT LOW AGO, 151.25, IS A MAIN TARGET WHICH COINCIDES
  WITH TODAY’S 2ND FIB OBJECTIVE 151.24.   NEVER DID
  FIND A TEST OF THE 150.16 PRICE ON THE REGULAR SESSION, A FIRST TARGET FOR ANY MOVE SOUTH.

 

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 THEIT AUTHOR.

© TOPNOTCH TRADING