Free Trial

(H19) Positive Weekly Close.....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (H19) Positive Weekly Close
*RES 4: 116-06+     Dec 29 2017 high
*RES 3: 115-212     Feb 6 high
*RES 2: 115-14      50% 119-01-111-26
*RES 1: 115-122     Jan 3 high
*PRICE: 114-112     @ 10:28 GMT, Jan 25
*SUP 1: 113-24/20   50-dma/50% 111-277-115-122
*SUP 2: 113-08+/027 200-dma/100-dma
*SUP 3: 111-26+     Oct 8 ten-year low
*SUP 4: 111-07+     Oct 14 2008 low
*SUP 5: 110-29+     50% 96-25+-125-01+
The US 5-Yr comfortably holds above up trendline support off the mid-Nov lows.
Bulls need to recover the 115-00 level before challenging the Jan 3 high & 50%
retracement level at 115-122/14. Below 114-00 brings the 50-dma & 50% fibo at
113-227/20 at 113-24/20 back into view, opening the 200 & 100-dma's at
113-08+/027 respectively.

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.