T-Bond

A possible bullish MM Pullback trade is developing in the T-Bond.  First, this pattern relates to a MM breakout pattern seen on a daily chart.  This MM has a supershallow retracement, which is bullish, with 4:1 right-handed skewing.  Any pullback within the 38/78 retracement area is considered a potential buying opportunity.  My MM Pullback Zone is from 152.25 to 151.3125.  Supporting this potential pullback trade is that prices are above the monthly pivot and the 50 and 100 DMA's.  We also have a previous swing high trend line serving as support.  Finally, there's a possible double bottom seen on a 240M chart.  We'd need a close above 153.0625 for pattern confirmation.