Thursday, March 14, 2013

ZB setups for today

We have a 30 year bond auction today. The 10 year note squeezed higher after its results were announced yesterday, so it remains to be seen if similar action will occur today in the 30 year bond.

I'm looking at 141 '20, 141 '24 and 141 '29 as shorting levels and 140 '20 would be a buy, which is also a daily S2 level.

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