Free Trial

(H19): Shallow Recovery *RES....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (H19): Shallow Recovery
*RES 4: 115-212        Feb 6 high
*RES 3: 115-14         50% 119-01-111-26
*RES 2: 115-122        Jan 3 high
*RES 1: 114-30         Jan 31 high
*PRICE: 114-17+        @ 10:25 GMT, Feb 13
*SUP 1: 114-067/113.20 50-dma/50% 111-277-115-122
*SUP 2: 113-10+/10     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+
Recovery efforts hold shallow with the 5-Yr stuck in its 114-115 range. Bears
continue to focus on a downside break of the 50-dma at 114-067, below here opens
a move toward the 200 & 100-dma's at 113-10+/10. Bulls need to clear 115-00 &
the Jan 3 high to build on momentum, before challenging the 50% retracement
level & Feb 6 high at 115-14/212.

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.