The Times of Israel is reporting that the Israeli Air Force, "is continuing its readiness and preparations for potential strikes against Iran’s nuclear facilities... Due to the dramatic changes in the Middle East... the Israeli military believes there is now an opportunity to strike Iran’s nuclear sites."
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The trend structure in Treasuries is unchanged and conditions remain bearish. Last week’s move lower reinforces the downtrend and the contract is trading closer to its recent lows. A resumption of the bear leg would open 109-05 next, the 76.4% retracement of the Apr - Sep bull cycle (cont). The 109-00 handle remains exposed too. Initial firm resistance is seen at 11129+, the 20-day EMA.