Free Trial

(M9): Maintains Bullish Bias....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (M9): Maintains Bullish Bias
*RES 4: 115-212 Feb 6 high
*RES 3: 115-14 50% 119-01-111-26
*RES 2: 115-122 Jan 3 ytd high
*RES 1: 115-047 Mar15 high
*PRICE: 115-032 @ 09:49 GMT, Mar 18
*SUP 1: 113-265/20 100-dma/50% 111-277-115-122
*SUP 2: 113-165 200-dma
*SUP 3: 112.20/25 Series of previous lows
*SUP 4: 111-07+ Oct 14 2008 low
*SUP 5: 110-29+ 50% 96-25+-125-01+
Following the bullish close Friday, 5-Yr futures built on the strong weekly
performance and a break above Friday's highs at 115-047 will keep the topside in
focus. This opens a break of the Jan 3 ytd high & 50% retracement level at
115-122/14. A downside break of the 50-dma is needed to return focus to the
100-dma & 50% retracement at 113-265/20.

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.