Free Trial

Bulls Look to Clear 116 *RES....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: Bulls Look to Clear 116
*RES 4: 118-212     61.8% 122-28-111-26+
*RES 3: 118-00/05   Series of prev lows Jun/Dec 2015
*RES 2: 117-11+     50% 122-28+-111-26+
*RES 1: 116-142/15+ Mar 27 high/ Mar 10 2017 low
*PRICE: 115-222     @ 09:22 GMT, May 8
*SUP 1: 114-27/042  100-dma/50% 111-26+-116-142
*SUP 2: 113-27      200-dma
*SUP 3: 112.20/25   Series of previous lows
*SUP 4: 111-07+     Oct 14 2008 low
*SUP 5: 110-29+     50% 96-25+-125-01+
The 5-Yr remains in a holding pattern with topside focus on a break of the May 6
high & 116-00 level. Above here opens a move toward the Mar 27 high at 116-142
and 50% retracement level at 117-11+. The 50-dma provides key support at
115-092, with a close below here need to challenge 115-00 & the 100-dma at
114-27.

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.