Broz on Bonds 7.11.13

MrTopStep.com

10-Year Treasury Notes: Weakness will target 124.18 and 124.10; I’m not looking for a bounce at either – trade thru 124.10 will go after 123.27. (trade below 123.27 can fall at least a point). While the bulls can get something going back above 125.22 I want them to control 126.01 before getting too interested in the upside. US 5-Year Treasury Note: The pivot even WITHOUT the yield is still key for direction; trade thru the lows targets 118.24. Up-top the bulls NEED 121.13_2. S&P500 Stock Index:  This pivot will give us direction…trade up thru the highs targets 72.75… trade is pretty bearish if the bears control 1626.75

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Broz711

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