Bond broke pivot at 132.50
Technically Speaking
Bonds closed below the pivot level at 132.50. The next level of support comes in at 127.50, right around the 100 week moving average.
What to do?
The R/R does not seem to favor being long or short at these prices. If 127.50 holds, a long position, stopping out under 125 makes sense. For now, nothing to do but sit on YOUR hands.
Bonds closed below the pivot level at 132.50. The next level of support comes in at 127.50, right around the 100 week moving average.
What to do?
The R/R does not seem to favor being long or short at these prices. If 127.50 holds, a long position, stopping out under 125 makes sense. For now, nothing to do but sit on YOUR hands.
