
10-Year Treasury-Notes
Technicals (December)
Treasury Futures are beginning to trend sideways potentially indicating an end to the interest rate hike cycle while yields hovered near 4.32%. Prices have recently been cycling from the mid-109s to the mid-111s. (Play the range).
Prices have been in a Bearish Trend since July 6th at 111-070. It would take a push through 110-250 to shift traders back to a Neutral trend.
Bias: Bearish/Neutral
Previous Session Bias: Bearish/Neutral
Resistance: 110-250***, 112-000**, 112-230**
Pivot: 110-000
Support: 109-00***

30-Year Treasury Bonds
Technicals (December)
T-Bonds continue to correct this week while Prices have been in a Bearish Trend since July 27th at 124-04. It would take a push through 121-13 to shift traders back to a Neutral trend.
Bias: Bearish/Neutral
Previous Session Bias: Bearish/Neutral
Resistance: 121-13**-122-19**, 125-00***
Pivot: 120-00
Support: 118-00**
