Free Trial

(H9) Feb Highs on the Cards....>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (H9) Feb Highs on the Cards
*RES 3: 149-31 61.8% 158-09-136-16
*RES 2: 148-27 Jan 4 high
*RES 1: 147-01 Jan 31 high
*PRICE: 146-23 @ 11:48 GMT, Feb 15
*SUP 1: 142-29/22 200-dma/50% 136-16 to 148-27
*SUP 2: 142-02 100-dma
*SUP 3: 139-14/13 Dec 3 low/76.4% 136-16-148-27
Early February highs of 146-31 look on the cards in the near future following
the firm rally Thursday, helping nudge 30-Yr futures firmly back above the 146
handle. To ignite momentum further, Bulls need to recover 147-01. Above here
opens the Jan 4 ytd high at 148-27, ahead of the 61.8% retracement level at
149-31. Any turn lower will first have to face the uptrend off Nov 7 lows &
50-dma at 145-08/00. Below here opens the 200-dma & 50% retracement level at
142-29/22, ahead of the 100-dma at 142-02.

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.