Bonds up this morning enough that it looks like they could stretch to 174^10.
S&P 500 futures have been moving lower overnight to poke just under initial support at 3417.75.
Bonds recovering this morning.
I'm leaving a count that I have as an alternate on the daily and intraday bond charts as the primary on this weekly chart because in practical terms it has the same outcome and similar targets provided the move up in bonds is not too extreme.
Bonds attempted to bounce from 173^16 last week but so far is being held down by 175^31.
Bonds broke under minor support at 175^31 last week to retest the low from late August and support at 173^16.
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