Inside range of bell curve caps UST market overnight - to the "T"

We said yesterday before going home that the 30yr @ 97-18 and ZN @ 133-12 were the first places to set shorts overnight.  The second location to set additional shorts was 97-28 and 133-15.  Turns out, 97-18 and 133-12+ were the exact high prices overnight.

So, the question for those who sold those levels...what to do now?  With stocks just about back to yesterdays high, and treasuries well below the center of value for the week...i think its prudent to take profits (exactly 1 full handle on the bond at the moment), get flat....and see if there isn't another opportunity before the 1pm auction.


govttrader out...