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‌‌(H1)‌‌ March 2020 Lows in View

US 10YR FUTURE TECHS
  • RES 4: 137-03+ 50-day EMA
  • RES 3: 137-02 High Feb 11 and key resistance
  • RES 2: 136-15 High Feb 15
  • RES 1: 136-02 High Feb 18
  • PRICE: 134-11+ @ 16:23 GMT Feb 25
  • SUP 1: 134-01+ Low Feb 24
  • SUP 2: 133-28 3.0% Lower Bollinger Band
  • SUP 3: 133-21 Low March 2020
  • SUP 4: 131-27+ 38.2% Fib 2018 - 2020 Rally

Despite early signs of stabilisation, US 10y futures fell further Thursday, hitting new cycle lows of 134-01+. This further dents the outlook and keeps the firm downtrend intact. Nearby supports all gave way Thursday, opening a move toward the March 2020 lows which mark a key level at 133-21. Initial firm resistance remains at 136-15.

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