Free Trial

Fresh Cycle Highs *RES 4:......>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: Fresh Cycle Highs
*RES 4: 154-25/30 Series of prev highs
*RES 3: 152-29    Jan 2 2018 high
*RES 2: 152-03    38.2% 177-11-136-16
*RES 1: 152-00    Intraday high
*PRICE: 151-25    @ 09:36 GMT, May 28
*SUP 1: 148-30/07 May 21 low/50-dma
*SUP 2: 148-01    T-line support off Mar lows
*SUP 3: 147-00/21 100-dma/May 3 low
*SUP 4: 145-31/23 Apr 17 low/Mar 20 low
*SUP 5: 144-08/05 50% 136-16-152-00/ 200-dma
30-Yr futures rallied to fresh contract highs of 152-00. The 38.2% retracement
level at 152-03 has so far capped gains with a break here needed to extend the
uptrend toward the Jan 2 2018 high at 152-29. The May 24 low provides initial
support at 150-25, while a downside break of 150-00 brings the May 21 low &
50-dma back into view at 148-30/07.

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.