Free Trial

(M9) Consolidating Above 122...>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M9) Consolidating Above 122
*RES 4: 125-26+     50% 134-07+-117-13+
*RES 3: 124-02+     Dec 29 2017 high
*RES 2: 123-08      Jan 3 high
*RES 1: 122-19/23+  Jan 31 high/76.4% 123-08-121-02
*PRICE: 122-06      @ 10:27 GMT, Mar 7
*SUP 1: 121-02/01   Jan 18 low/38.2% 117-13+-123-08
*SUP 2: 120-17+     100-dma
*SUP 3: 120-04+/02+ Dec 12-13 lows/200-dma
*SUP 4: 119-22/20+  Dec 4 low/76.4% 117-13+-123-08
10-Yr futures comfortably hold above the 122 level with topside focus on 122-23+
which represents the 76.4% retracement & down trendline resistance off the Nov 9
2016 high. A break gives momentum back to the bulls, opening the Jan 3 high at
123-08, ahead of multi-month highs of 124-02+. Bears downide focus remains on
the Jan 18 low & 38.2% retracement level at 121-02/01. Below here opens the 100
& 200-dma's at 120-17+/02+.

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.