Trading Recommendations For Monday

By Marc Nemenoff
13 July 2009 @ 10:44 am EDT

Financials: Sept. Bonds are currently 3 lower at 120'19, the 10 Yr. Notes 3 lower, the 5 Yr. Notes 1 lower and the 2 Yr. Notes about 1 lower. Dec. Eurodollars are 5 lower at 99.200. We remain short the Dec. Eurodollars. If you went short Sept. Bonds for a short term trade at resistance of 120'24 use a protective buy stop or take profits below 120'10. Support is currently at 119'04.

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