Free Trial

(M0) Displaying A Bullish......>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (M0) Displaying A Bullish Tone
*RES 4: 185-29 76.4% retracement of the Mar 9 - 18 decline
*RES 3: 184-07 High Mar 12
*RES 2: 183-02 High Apr 22 and the bull trigger
*RES 1: 182-20 High Apr 29
*PRICE: 181-23 @ 11:28 BST, May 15
*SUP 1: 178-01 Low May 6
*SUP 2: 177-19/14 50-day EMA / Low Apr 13 and 14
*SUP 3: 176-20 Low Mar 24
*SUP 4: 174-28 Low Mar 23
30yr futures rebounded off 178-01 last week, May 6 low and after a pause, appear
to be displaying a bullish tone again. 178-01 marks the key S/T support, while
it remains intact, attention is on the bull trigger at 183-02, Apr 22 high. A
break of this resistance would reinforce bullish conditions and open 184-07, Mar
12 high and 185-29, a retracement level. Weakness through 178-01 would be
bearish, exposing 177-19/14, the 50-day EMA and Apr 13/14 low.

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.