Trial now
US TSY FUTURES

Hawks Coming to Roost

OPTIONS

Expiries for Sep24 NY cut 1000ET (Source DTCC)

US EURODLR OPTIONS

Two-Way 3Y Midcurve Puts

US
US: 10-YR YIELD TECHS: Supported Below 55-DMA
*RES 4: 3.050 - Low May 22 
*RES 3: 3.014 - High May 24
*RES 2: 2.973 - 21-DMA 
*RES 1: 2.955 - Low May 24 now resistance
*PRICE: 2.935 @ 0430GMT
*SUP 1: 2.900 - Low June 5 
*SUP 2: 2.860 - Low June 1 
*SUP 3: 2.821 - Hourly support May 30 
*SUP 4: 2.790 - Hourly support May 30a
*COMMENTARY: Bulls take comfort in the marginal break of 2.902 finding support
below the 55-DMA (2.909) and pressure remaining on 2.955-3.014 the 21-DMA is
noted. Above 3.014 is needed to confirm a break of the 21-DMA and add support to
the initial case for a retest of 2018 highs. Correcting O/S studies add support
to the bullish case. Bears now need a close below 2.900 to gain breathing room
and below 2.860 to reconfirm focus on 2.717-759 where Mar & May lows are noted.