Top Notch Trading 03/02/18

TOP NOTCH TRADING

“THE FUTURES DEFINED”

A DAILY TECHNICAL APPROACH TO 30 YEAR BOND FUTURES

FOR INFORMATION: E-MAIL- haefketim@gmail.com 03/02/18

 

 

USM

GLOBEX OPEN – 144.10

146.09*

145.23 #

145.19 FIB -2
145.08*
145.03 FIB -1
144.21 STOPS? Res.- 145.03, 145.08, 145.19, & 145.23
144.18 YEST. HIGH
144.11 YEST. SETTLE Sup.- 143.23?, 143.10, & 142.31
144.05 PIVOTAL
144.00 >
143.23 STOPS? YESTERDAY THE CHARTS WERE SHOWING THIS
143.18 v FUTURE NEEDED TO TURN THE 143.23 PRICE FOR
143.10 < A CHANCE AT WORKING TO NEW HIGHS IF IT COULD
143.06 YEST. LOW CONFIRM A BID OF THE OPENING PRINT, 143.31.
142.31 # THAT SCENARIO WORKED LIKE A “T”. WHEN IT BID
142.21 FIB -1 THE 143.23 PRICE IT FOUND THE OPENING PRINT FOR
142.05 FIB -2 A SPOT ON TEST. WAS IT A COINCIDENCE THAT THE
141.22 LAST WEEK LOW PULL BACK FOUND THAT 143.23 PRICE FOR A LAST
141.14 CONT. LOW SPOT ON LOW THAT PRODUCED NEW HIGHS. I THINK
141.04 WEEKLY FIB NOT. SO WITH THIS IN MIND I SUSPECT THE 143.23
PRICE WILL BE THE KEY TO UNLOCK A ROTATION BACK TO LOWER GROUND TODAY. UP TOP HAS SEVERAL KEY LEVELS OF INTEREST, BUT THE 145.08 PRICE IF FOUND WILL BE A SOLID RESISTANCE TARGET FOR TODAY. GOOD TRADING!!

 

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.

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