Free Trial

(H19) Bulls Need to Clear......>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (H19) Bulls Need to Clear 146
*RES 4: 153-05     76.4% 158-09-136-16
*RES 3: 151-06     Jan 17 high
*RES 2: 149-31     61.8% 158-09-136-16
*SUP 1: 148-27     Jan 4 high
*PRICE: 145-18     @ 10:44 GMT, Jan 25
*SUP 1: 142-22/20  50% 136-16-148-27/200-dma
*SUP 2: 141-14     100-dma
*SUP 3: 139-14/13  Dec 3 low/76.4% 136-16-148-27
*SUP 4: 136-16/12+ Oct 2 low/61.8% 111-22-177-11
30-Yr futures are starting to build renewed momentum but have so far failed to
break above the 146-00 level. The Jan 14 high provides the next layer of
resistance at 146-11, a break opens the 61.8% retracement level & Jan 9 high at
147-16/17. Bears need a downside break of 144, before returning focus to the 50%
retracement & 200-dma at 142-22/20, ahead of a run at the 100-dma at 141-14.

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.