Treasury Note Still Looking Weak
We pointed this out yesterday on the chart for the treasury note as there was a clear down trend resistance being formed in the price action. We still are confined to that same technical setup with the volatility tightening up leading into Fridays NFP report. The levels to watch out for be 128.10 and the key support at 127.75 to the downside and on the upside, keep an eye that down trend line for signs of bulls coming back into this market.
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