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Free Access(H18) Recovering After A.......>
US 30YR FUTURE TECHS: (H18) Recovering After A Test Towards 150-30 Support
*RES 4: 154-23/26 76.4% of 156-14/149-07, November highs
*RES 3: 154-06/14 Dec 1 high, 1% volatility band
*RES 2: 153-24 Nov 28 high
*RES 1: 153-06 Dec 4 high
*PRICE: 152-31 @1111GMT
*SUP 1: 152-02 Dec 4 low
*SUP 2: 151-24 Nov 29 low
*SUP 3: 151-00 Nov 30 low
*SUP 4: 150-30 Nov 10, 13 lows, 61.8% of 149-07/153-24
*COMMENTARY* A brief break above 153-24 last Friday, a high of 154-06 before
retreating swiftly again to find a base at 152-02. Will now need to regain
levels back above 153-06 and then once again 153-24, before any fresh upside
confidence will appear for another tilt at 154-06/154-26. Below 152-02 and the
Nov 29 low at 151-24 is the protection to 151-00 and then the still key 150-30
level.
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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.