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MNI China Daily Summary: Thursday, Nov 09
Market News Topics
February 23, 2018 02:30 GMT
(H18) 120-19+/120-27...........>
US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H18) 120-19+/120-27 Resistance Key Today
*RES 4: 121-23 Hourly resistance Feb 6
*RES 3: 121-08 Hourly support Feb 9 now resistance
*RES 2: 120-27 Low Feb 13 now resistance
*RES 1: 120-19+ High Feb 21
*PRICE: 120-08+ @ 0310GMT
*SUP 1: 120-01 2018 Low Feb 15
*SUP 2: 119-24+ Daily Bear channel base
*SUP 3: 119-24 Low Apr 21 2011
*SUP 4: 118-24 Low Apr 13 2011
*COMMENTARY: The lack of follow through Thursday leaves a double daily bottom
120-01/02. Bears look for a close below 119-24 to confirm a break and focus on
117-29/118-24 last seen in 2011. Bulls still need a close above 120-27 to gain
breathing room and above 121-23 to hint at a correction to 122-18+/123-05+ with
the 55-DMA at 122-18+. The Bollinger base (119-24+) & O/S studies remain
concerns for bears.
To read the full story
Close
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.
Sign up now for free trial access to this content.
Please enter your details below.
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.
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