Free Trial

(M1)‌‌ Bearish Focus

US 10YR FUTURE TECHS
  • RES 4: 134-06+ High Feb 25
  • RES 3: 133-23 High Mar 2
  • RES 2: 133-16+ High May 7 and key short-term resistance
  • RES 1: 132-30+ High May 10
  • PRICE: 132-10 @ 11:20 BST May 18
  • SUP 1: 131-27 Low May 13
  • SUP 2: 131-18+/12 Low Apr 29 and key support / Low Apr 13
  • SUP 3: 131-03+ Low Apr 6
  • SUP 4: 130-25+ Low Apr 5 and the bear trigger

US 10y futures are largely unchanged. The contract found support last week at 131-27, May 13 low. This marks a key short-term level that if breached would expose support at 131-18+, Apr 29 low. The broader trend remains bearish and a breach of 131-18+ would signal a resumption of the bear trend, paving the way for a test and breach of the key support at 130-25+, Apr 5 low. On the upside, key resistance remains 133-16+, May 7 high.

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.