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US 10YR FUTURE TECHS: (H5) Holding On To Its Recent Highs

US 10YR FUTURE TECHS
USFixed Income Technical AnalysisBulletMarketsFixed Income BulletsNorth America
  • RES 4: 112-31   High Oct 16 and a key short-term resistance 
  • RES 3: 111-26   High Oct 22
  • RES 2: 111-12+ 50-day EMA 
  • RES 1: 111-11   High Dec 03
  • PRICE:‌‌ 111-02+ @ 11:04 GMT Dec 5
  • SUP 1: 110-01/109-20 Low Nov 25 / Low Nov 20/21     
  • SUP 2: 109-02+ Low Nov 15 and the bear trigger  
  • SUP 3: 108-28   1.236 proj of the Oct 1 - 14 - 16 price swing     
  • SUP 4: 108-12+ 1.382 proj of the Oct 1 - 14 - 16 price swing

A bull cycle in Treasuries remains in play and the contract is holding on to its recent highs. Price has recently cleared resistance at the 20-day EMA, and sights are on the 50-day EMA, at 111-12+. This average marks the next important resistance, a clear break of it would signal scope for a stronger recovery near-term. For bears, a reversal lower would highlight the end of a corrective cycle and open the bear trigger at 109-02+, the Nov 15 low.

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  • RES 4: 112-31   High Oct 16 and a key short-term resistance 
  • RES 3: 111-26   High Oct 22
  • RES 2: 111-12+ 50-day EMA 
  • RES 1: 111-11   High Dec 03
  • PRICE:‌‌ 111-02+ @ 11:04 GMT Dec 5
  • SUP 1: 110-01/109-20 Low Nov 25 / Low Nov 20/21     
  • SUP 2: 109-02+ Low Nov 15 and the bear trigger  
  • SUP 3: 108-28   1.236 proj of the Oct 1 - 14 - 16 price swing     
  • SUP 4: 108-12+ 1.382 proj of the Oct 1 - 14 - 16 price swing

A bull cycle in Treasuries remains in play and the contract is holding on to its recent highs. Price has recently cleared resistance at the 20-day EMA, and sights are on the 50-day EMA, at 111-12+. This average marks the next important resistance, a clear break of it would signal scope for a stronger recovery near-term. For bears, a reversal lower would highlight the end of a corrective cycle and open the bear trigger at 109-02+, the Nov 15 low.