Bond futures rebounded strongly to confirm a 3-week base
over 134-15/20 near the rising wedge support on the break above 136-11. With
daily indicators turning bullish, scope remains for further gains towards the
138-23 peak. On the downside, a breakdown through 135-08 near the trendline
support would suggest topping and expose 131-14.
Buy zone: 135-28 / 136-07
Stop zone: 135-05 / 135-14
Targets: 137-09, 137-22,
138-10
Treasury Bond futures continuation daily chart
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