30 Year T Bond AM Technical Analysis Report

bondtradingAbout Harry van Beuningen
Trade futures based on the 30 Year Treasury Bond (symbol zb), utilizing 5 and 30 minute charts. I use the Williams AO Oscillator in combination with AGET StoRSI and MACD to generate entry signals. Very short term trades, averaging 5 to 6 signals a day.

April 2nd, 2012

On the economic calendar:-

10:00 ISM Mfg Index (Consensus – 53, prior – 52.4)

Construction Spending (Consensus – 0.5%, prior – (-0.1%)

10:15 Fed Outright Treasury Coupon Purchases up to $5.0 billion

11:00 4 Week Bill Announcement

11:30 3 & 6 Month Bill Auctions

Speaking today:-

10:00 James Bullard

12:35 Sandra Pianalto

Treasury prices firmed overnight, following Friday’s late day sell off. In spite of the overnight strength, the short term 30 minute trend chart remains bearish, with a close above 138’00 flipping the trend bullish. Looking a little further out, the 50% retracement level comes at 138’06, the 61.8% level at 138’13 and the 78.2% level at 138’23. On the downside, the daily 50% retracement level comes at 137’05 – slightly below Friday’s sell-off low.

30 Year Treasury Bond Futures Chart

30 Year Treasury Bond Futures Chart

30 Year Treasury Bond Futures Chart

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