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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.
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Free AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
(M9) Downside Potential........>
US 10YR FUTURE TECHS: (M9) Downside Potential Rising
*RES 4: 125-23 Channel top resistance
*RES 3: 125-14 76.4% Retracement of Sep 2017-Oct 2018 decline
*RES 2: 124-31 High Mar 26
*RES 1: 124-25/27 High May 17/ High May 15,16
*PRICE: 124-08 @ 05:44 GMT, May 21
*SUP 1: 124-05+ Intraday Low May 21
*SUP 2: 123-26+ Low May 10
*SUP 3: 123-16+ 55-dma
*SUP 4: 122-30 Low May 3
US Tsy futures are under pressure as a short term topping pattern puts the focus
on the downside. Intraday lows sit at 124-05+ with a break below here opening
the May 10 low at 123-26+. Below here would open the 55-dma down at 123-16+.
Bulls now need a break above Friday's high at 124-25 as well as the May 15/16
highs at 124-27 to reignite upside momentum towards the March 26 high at 124-31.
To read the full story
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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.