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(M4) Bearish Trend Condition

US 10YR FUTURE TECHS
Fixed Income Technical AnalysisHomepagemarkets-real-timeBulletMarketsFixed Income Bullets
  • RES 4: 109-25 50-day EMA
  • RES 3: 109-26+ High Apr 10
  • RES 2: 108-26 20-day EMA
  • RES 1: 108-22+ High Apr 19
  • PRICE: 107-26 @ 11:06 BST Apr 24
  • SUP 1: 107-13+ Low Apr 16
  • SUP 2: 107-07+ 76.4% of the Oct - Dec ‘23 bull leg (cont)
  • SUP 3: 106-27 2.764 proj of Dec 27 - Jan 19 - Feb 1 price swing
  • SUP 4: 106-08 3.00 proj of Dec 27 - Jan 19 - Feb 1 price swing

Treasuries are trading lower today. The trend outlook is unchanged and the direction remains down. Last week’s move lower reinforces current conditions and the move down has resumed this year’s bear trend. Furthermore, moving average studies remain in a bear-mode set-up, highlighting a clear downtrend. Sights are on 107.07+ next, a Fibonacci retracement. Firm resistance is 108-26, the 20-day EMA.

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  • RES 4: 109-25 50-day EMA
  • RES 3: 109-26+ High Apr 10
  • RES 2: 108-26 20-day EMA
  • RES 1: 108-22+ High Apr 19
  • PRICE: 107-26 @ 11:06 BST Apr 24
  • SUP 1: 107-13+ Low Apr 16
  • SUP 2: 107-07+ 76.4% of the Oct - Dec ‘23 bull leg (cont)
  • SUP 3: 106-27 2.764 proj of Dec 27 - Jan 19 - Feb 1 price swing
  • SUP 4: 106-08 3.00 proj of Dec 27 - Jan 19 - Feb 1 price swing

Treasuries are trading lower today. The trend outlook is unchanged and the direction remains down. Last week’s move lower reinforces current conditions and the move down has resumed this year’s bear trend. Furthermore, moving average studies remain in a bear-mode set-up, highlighting a clear downtrend. Sights are on 107.07+ next, a Fibonacci retracement. Firm resistance is 108-26, the 20-day EMA.