Free Trial

(H18) Recovers After A Tilt....>

US 30YR FUTURE TECHS: (H18) Recovers After A Tilt Towards 150-30 Support
*RES 4: 154-23/26 76.4% of 156-14/149-07, November highs
*RES 3: 154-06/13 Dec 1 high, 1% volatility band
*RES 2: 153-24 Nov 28 high
*RES 1: 153-00/04 Hourly resistance
*PRICE: 152-19 @1233GMT
*SUP 1: 152-02 Hourly support
*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 on 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 153-00/153-04 and then once again 153-24, before any fresh
upside confidence will appear. 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.

To read the full story


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.