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(U4) Approaching The Bull Trigger

US 10YR FUTURE TECHS
Fixed Income Technical AnalysisHomepagemarkets-real-timeBulletMarketsFixed Income Bullets
  • RES 4: 110-074+ 2.0% 10-dma envelope
  • RES 3: 110-17 High Apr 4
  • RES 2: 110-09 High May 16 and the bull trigger
  • RES 1: 110-05 High Jun 4
  • PRICE: 109-30 @ 11:31 BST Jun 5
  • SUP 1: 109-03+/107-31 20-day EMA / Low May 29
  • SUP 2: 107-20+ Low May 29
  • SUP 3: 107-12+ Low Apr 25 and the bear trigger
  • SUP 4: 107-00 Round number support

Treasuries maintain a firmer short-term tone following the recovery from last week’s 107-31 low (May 29). The contract traded higher Tuesday and is holding on to its recent gains. This signals scope for an extension near-term with sights on 110-09 next, the May 16 high and a bull trigger. A break of this level would strengthen the bullish condition. Any resumption of bearish activity would instead refocus attention on support at 107-31.

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  • RES 4: 110-074+ 2.0% 10-dma envelope
  • RES 3: 110-17 High Apr 4
  • RES 2: 110-09 High May 16 and the bull trigger
  • RES 1: 110-05 High Jun 4
  • PRICE: 109-30 @ 11:31 BST Jun 5
  • SUP 1: 109-03+/107-31 20-day EMA / Low May 29
  • SUP 2: 107-20+ Low May 29
  • SUP 3: 107-12+ Low Apr 25 and the bear trigger
  • SUP 4: 107-00 Round number support

Treasuries maintain a firmer short-term tone following the recovery from last week’s 107-31 low (May 29). The contract traded higher Tuesday and is holding on to its recent gains. This signals scope for an extension near-term with sights on 110-09 next, the May 16 high and a bull trigger. A break of this level would strengthen the bullish condition. Any resumption of bearish activity would instead refocus attention on support at 107-31.