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Free Access(U9) Another Day, Another.......>
US 5YR FUTURE TECHS: (U9) Another Day, Another High
*RES 4: 118-31 Sep 7 2017 high
*RES 3: 118-19+/212 Upper Bollinger band (3%)61.8% 122-28-111-26+
*RES 2: 118-00/05 Series of prev lows Jun/Dec 2015
*RES 1: 118-012 Jun 7 high
*PRICE: 117-15 @ 09:27 GMT, Jun 10
*SUP 1: 116-12 May 30 low
*SUP 2: 115-112/03+ 100-dma/May 3 low
*SUP 3: 114-30 50% 111-26+-118-012
*SUP 4: 114-06+/062 61.8% fibo/200-dma
5-Yr futures touched fresh cycle highs on Friday, before easing towards the
close. The 118-00/05 again held firm and is starting to grow in importance, with
a break here needed to open the 61.8% retracement level at 118-212, ahead of the
Sep 7 2017 high at 118-31. Momentum indicators such as RSI & stochastics
continue to generate overbought conditions. On the downside, support comes in
from the May 30 low, ahead of the the 100-dma & May 3 low at 115-112/03+.
To read the full story
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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.