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TY Marginally Firmer In Light Trade, Cash Closed Today

US TSYS

TYZ3 deals at 108-29, +0-03, a 0-04 range was observed on volume of 22k.

  • A reminder that cash tsys are closed today due to the observance of the US Thanksgiving Holiday.
  • TY ticked higher in early trade, the move was seen alongside a fall in Oil prices as Asian participants digested Wednesday's news of a delayed OPEC meeting.
  • The move higher didn't follow through and TY sat in a narrow range for the most part.
  • Technically the bullish theme remains intact; resistance is at 108-08+ high from Nov 17, support comes in at 108-05 the 50-Day EMA.
  • The docket is thin for the reminder of today's session.

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