Free Trial

(M9) Jan 18 lows within........>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M9) Jan 18 lows within reach
*RES 4: 127-28+ Sep 8, 2017 high
*RES 3: 125-26+ 50% 134-07+-117-13+
*RES 2: 124-02+ Dec 29 2017 high
*RES 1: 123-08 Jan 3 high
*PRICE: 121-16+ @ 15:53 GMT, Mar 4
*SUP 1: 121-02 Jan 18 low
*SUP 2: 120-04+ Dec 12-13 lows
*SUP 3: 120-13+/02 100-dma/200-dma
*SUP 4: 118-25+ 76.4% 117-13+-123-08
10-Yr futures extended the downtrend following last weeks close below the 50-dma
for the first time since mid-November. This brings the Jan 18 low back into view
at 121-02, a break opens the 100 & 200-dma's at 120-13+/02. Bulls need to
recover the Feb 20 high at 122-12 to re-ignite momentum, above here would
trigger a continuation pattern, opening the Jan 31 high at 122-19.

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.