 |
| 10 Yr Futures Daily |
 |
| 30 Yr Futures Daily |
A quick look at Treasury futures: You can see they made an attempt to break out and were quickly slammed right back into the range. They have now rallied right back up to the 20day WMA line and it looks like heavy resistance. The FOMC announcement tomorrow will most likely have an impact on rates going forward... and I'm wondering if this is the "writing on the wall".
EDIT: What I mean by that is.... Treasury futures are set up for another move down and that would mean S&P futures will most likely move up.
