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(M4) Southbound

US 10YR FUTURE TECHS
Fixed Income Technical AnalysisHomepagemarkets-real-timeBulletMarketsFixed Income Bullets
  • RES 4: 110-12+ 50-day EMA
  • RES 3: 110-06 High Apr 4
  • RES 2: 109-02/26+ Low Apr 8 / High Apr 10
  • RES 1: 108.25+ High Apr 12
  • PRICE: 107-20 @ 15:10 BST Apr 15
  • SUP 1: 107-16+ 2.50 proj of Dec 27 - Jan 19 - Feb 1 price swing
  • 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

The sharp sell-off in Treasuries last week and today’s extension, reinforces the current bearish cycle. The move down has confirmed a resumption of this year’s downtrend. Support at the 109-00 handle and 108-25, the 2.00 projection of Dec 27 - Jan 19 - Feb 1 price swing, has been breached. Sights are on 107-16+ nxt, a Fibonacci projection. Initial resistance has been defined at 109-25+, Apr 12 high. Key S/T resistance is 110-06, the Apr 4 high.

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  • RES 4: 110-12+ 50-day EMA
  • RES 3: 110-06 High Apr 4
  • RES 2: 109-02/26+ Low Apr 8 / High Apr 10
  • RES 1: 108.25+ High Apr 12
  • PRICE: 107-20 @ 15:10 BST Apr 15
  • SUP 1: 107-16+ 2.50 proj of Dec 27 - Jan 19 - Feb 1 price swing
  • 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

The sharp sell-off in Treasuries last week and today’s extension, reinforces the current bearish cycle. The move down has confirmed a resumption of this year’s downtrend. Support at the 109-00 handle and 108-25, the 2.00 projection of Dec 27 - Jan 19 - Feb 1 price swing, has been breached. Sights are on 107-16+ nxt, a Fibonacci projection. Initial resistance has been defined at 109-25+, Apr 12 high. Key S/T resistance is 110-06, the Apr 4 high.