Free Trial

(M9) Resting on The 50-DMA.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M9) Resting on The 50-DMA
*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: 121-24         @ 16:10 GMT, Mar 1
*SUP 1: 121-02         Jan 18 low
*SUP 2: 120-04+        Dec 12-13 lows
*SUP 3: 120-12/120-00+ 100-dma/200-dma
*SUP 4: 118-25+        76.4% 117-13+-123-08
The 10-Yr future continues to flirt with support from the 50-dma, with a break
needed to extend the downtrend. This brings the Jan 18 low at 121-02 into view,
ahead of the 100 & 200-dma's at 120-12/00+. 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.