Free Trial

Back Under 148 *RES 4:.........>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: Back Under 148
*RES 4: 158-09    Sep 8 2017 low
*RES 3: 154-25/30 Series of prev highs
*RES 2: 152-03    38.2% 177-11-136-16
*RES 1: 150-21    Mar 28 high
*PRICE: 147-15    @ 09:56 GMT, Apr 12
*SUP 1: 146-23    50-dma
*SUP 2: 145-23/16 Mar 20 low/Up trendline support
*SUP 3: 145-10    100-dma
*SUP 4: 143-19/16 50% 136-16-150-21/200-dma
The rally in US Tsy futures stalled yesterday with the retracement extending
back under 148-00. It's also worth noting the 30-Yr charted a bearish engulfing
line candle, which is a future bearish trend. Downside focus returns to the
50-dma at 146-23, a break opens the Mar 20 low & up trendline support of the Nov
lows at 145-23/16. Bulls need to recover the 148 level to put topside focus back
on the 150-00 area.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.