About Ali Cagdas Tuna

Ali Cagdas Tuna is a futures and options trader based in Turkey, currently employed at Alp Consultancy. He has been trading since 2005 and during that time has had the opportunity to work with multiple CTAs.

February 28th, 2012

‘March T-Bonds (ZBH2) settled at 143*31 up another *31 ticks.Total estimated volume has been higher as the roll continues 537.911.Open interest for combined March&June has been 632.820 up another 2.407 contracts.

Monday’s trading was pretty much bulls show.Bonds early rallied to 144*03 and traded around that level for all day.

Economic calendar today

Redbook at 07:55  (Prev: 1.4% )

S&P Case-Shiller Composite 20 City at 08:00 (Exp: -3.50 %Prev: -3.67%

Consumer Confidence at 09:00 (Exp: 62.9 Prev:61.1)

FED’s Outright Treasury Coupon Purchase  MAY’20-FEB’22 (USD 4.25-5.00 Bln) at 10:00

Technically nothing much changed from yesterday’s review still bull strong.Support levels today 143*23 and 143*08.Resistance levels 144*07 and 145*00.

30 Year Treasury Bond Futures Chart

30 Year Treasury Bond Futures Chart