Free Trial

(H18) Recovery Still Meets.....>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (H18) Recovery Still Meets 145-14/146-12 Resistance
*RES 4: 147-23 Feb 6 high
*RES 3: 146-12 Feb 7 high
*RES 2: 145-09/14 Feb 14 high, hourly resistance
*RES 1: 144-27 Feb 16 high
*PRICE: 144-00 @1140GMT
*SUP 1: 143-04 Feb 12-15 lows
*SUP 2: 142-11/22 Dec 22 2014 low, 1% volatility band
*SUP 3: 141-08 2% volatility band
*SUP 4: 140-26 Dec 1 2014 low
*COMMENTARY* Downside tested 143-04 again last Thursday, as we still skirmish
below long term support from 144-03/143-25. Next supports of note come from the
December 2014 lows between 142-11 and 140-26. Sandwiched in between is the lower
2% volatility band, at 141-08 by time today. Meanwhile, resistance from
144-27/145-14, back through here will assist and allow a better 146-12 rise,
where next questions are asked.

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.