Free Trial

Breaks 154-00 *RES 4: 158-09...>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: Breaks 154-00
*RES 4: 158-09    Sep 8 2017 high
*RES 3: 156.30    50% 177-11-136-16
*RES 2: 154-25/30 Series of prev highs
*RES 1: 154-09    Intraday 29 high
*PRICE: 154-08    @ 09:55 GMT, May 31
*SUP 1: 152-01    May30 low
*SUP 2: 151-00    May 28 low
*SUP 3: 148-29/15 50% fibo of Apr-May rally/50-dma
*SUP 4: 148-12    T-line support off Mar lows
30-Yr futures breached 154-00 to print its highest levels since Dec 2017. Next
resistance is seen at 154-25/30 from a series of previous highs, above here
opens the 50% retracement of 177-11-136-16 at 156-30. Bears need a break back
under 153-00, before targeting the May 30 low at 152-01. Below here opens a
return toward the May 28 low at 151-00, ahead of the 50% fibo of Apr-May rally &
50-dma at 148-29/15.

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.