Free Trial

(M9) Inside Session *RES 4:....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M9) Inside Session
*RES 4: 127-26+/28+ 61.8% 134-07+-117-13+/Sep 8 2017 high
*RES 3: 125-26+ 50% 134-07+-117-13+
*RES 2: 124-31 Mar 27 high
*RES 1: 124-27 May 15-16 highs
*PRICE: 124-13 @ 16:04 BST, May 20
*SUP 1: 122-30/24+ May 3 low/100-dma
*SUP 2: 122-02 38.2% 117-13+-124-31
*SUP 3: 121-02/01 Jan 18 low/200-dma
*SUP 4: 120-04+ Dec 12-13 lows
US Tsy futures are struggling to extend their rally allowing bears to now target
the May 3 low at 122-30. Below here would suggest a downside reversal towards
the May 10 low at 123-26+, ahead of the 55-dma at 123-15+. 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

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.