Real Time e-mini S&P Trading, plus contrarian commentary on all the markets, all the time
Tuesday, June 14, 2005
Bonds and Notes
The reaction in the bonds and notes from the June 3 top keeps breaking past the support levels I thought would mark its end. The bonds have reached the third step down in their ½ box staircase at 116-05. The notes still have a bit further to go to reach 112-06 which is the third step down in their ½ box staircase. I am expecting a big rally in both markets from current levels.