Broz on Bonds
Adjusted on: 9/17 US 30-Year Bond: I’ll write this for post FOMC trade: trade up thru 131.19 can start to go after 135.00. Pivot off 129.30; trade thru 128.14 targets 127.02-126.28. 
10-Year Treasury Notes: Remember: as long as 123.22 is intact we need to lean bullish. Trade is weaker below 123.15. Bulls need 124.18 at a minimum (remember we’re talking post-fomc).
5-Year Treasury Note: The bulls pick up a buy above 119.295 targeting 120.07; post FOMC see where they are relative to 120.14. 119.18 is SOLID support – but a failure moves to 119.105. Post-fomc, trade below 119.18 is bearish – and weaker still below 119.05.
S&P500 Stock Index: Trade above the pivot moves to 1714.75. First weakness comes with a loss of 84.75.
| DEC BONDS | DEC 10s | DEC 5s | DEC SP500 |
| 132.27 | 125.255 | 120.19_7 |
1736.00 |
| 132.16 | 125.135 pivotal | 120.14 pivotal |
1729.00 |
| 132.04 | 125.01 watch | 120.07* target |
1714.75 pivotal |
| 131.19 pivotal | 124.27 target | 119.295 pivotal |
1702.00 PIVOT 1684.75 pivotal |
| 130.19* | 124.18 pivotal | 119.23_7 PIVOT |
1681.50* |
| 130.07* PIVOT | 124.035* PIVOT | 119.18 pivotal |
1671.00 pivotal |
| 129.30 pivotal | 123.26 support | 119.105* target |
1667.00 |
| 129.16* | 123.22 pivotal | 119.05 pivotal | |
| 129.04* | 123.15 pivotal | 118.28_2 pivotal | |
| 128.14 watch
128.00
|
123.025* | ||
| 127.19
127.02 support
|
122.27* |