Free Trial

(U17) 126-250/300 Support......>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U17) 126-250/300 Support Region Key
*RES 4: 127-310 - 100-WMA 
*RES 3: 127-170 - 2017 High June 14 (continuation) 
*RES 2: 127-160 - Daily Bull channel top 
*RES 1: 127-110 - Hourly resistance Aug 28
*PRICE: 127-060 @ 0140GMT
*SUP 1: 126-300 - Repeated daily highs now support
*SUP 2: 126-250 - Hourly support Aug 25
*SUP 3: 126-200 - Hourly resistance Aug 22 now support
*SUP 4: 126-170 - Daily Bull channel base
*COMMENTARY: Bullish confidence grows with an early Asia rally that added
support to the case for tests of 127-160/170 where the bull channel top and
continuation contract 2017 high are noted. Layers of support continue to build.
Bears now look for a close below 126-300 to ease immediate bullish pressure and
below 126-250 to hint at a correction back to 126-110-170 where the bull channel
base and 21-DMA are situated.

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.