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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.
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Free AccessMNI BRIEF: China November PMI Rises Further Above 50
MNI US Macro Weekly: Politics To The Fore
(U17) Topside Follow Through...>
US 10YR FUTURE TECHS: (U17) Topside Follow Through Lacking
*RES 4: 127-080 - Monthly High June 14
*RES 3: 126-290 - High June 26
*RES 2: 126-180 - High Aug 9
*RES 1: 126-140 - Hourly resistance Aug 9
*PRICE: 126-070 @ 0130GMT
*SUP 1: 126-050 - Low Aug 9
*SUP 2: 126-000 - 21-DMA
*SUP 3: 125-290 - Low Aug 8
*SUP 4: 125-180 - 100-DMA
*COMMENTARY: Despite taking comfort in support emerging around the 21-DMA, the
lack of topside follow through Wednesday is a concern for bulls. The Bollinger
top (126-160) remains a concern and currently limits follow through. Bears now
look for a close below 126-050 to shift focus back to 125-290/000 where the
21-DMA is located and below 125-290 to initially target 125-150/180. Bulls now
need a close above 126-180 to focus on 126-290/127-080.
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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.