Free Trial

(M18) 21 & 55-DMAs Key.........>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M18) 21 & 55-DMAs Key Supports
*RES 4: 122-18+ 21-WMA
*RES 3: 122-07+ 100-DMA
*RES 2: 122-02  Monthly High Feb 6
*RES 1: 121-09  High Mar 28
*PRICE: 120-30 @ 0320GMT
*SUP 1: 120-23+ 55-DMA
*SUP 2: 120-11  Low Mar 26 & 27, 21-DMA
*SUP 3: 120-03  Low Mar 22
*SUP 4: 119-21+ Repeated Daily lows Feb
*COMMENTARY: Bulls are struggling to gain traction above the 55-DMA with a lack
of topside follow through noted Wednesday. Bears now look for a close below the
55-DMA to gain breathing room and below the 21-DMA to shift focus back to
119-14/21+. Bulls now need a close above 121-09 to confirm traction and focus on
122-02/07+ where the 100-DMA is noted. The Bollinger top (120-31+) is the key
concern for bulls.

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.