Free Trial

(U9) Channel Base *RES 4:......>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U9) Channel Base
*RES 4: 131-00     Nov 9 2016 High
*RES 3: 130-08+    76.4% 134-07+ - 117-13+
*RES 2: 128-25+    Upper Bollinger band (3%)
*RES 1: 128-14     Jul 3 high
*PRICE: 127-08     @ 10:37 BST, Jul 9
*SUP 1: 126-15+/00 Jun 11 low/50-dma
*SUP 2: 125-06+    May 30 low
*SUP 3: 124-16/05+ 100-dma/38.2% 117-13+-128-14
*SUP 4: 124-01     May 21 low
The corrective pullback off recent cycle highs extends towards the 127-00 level
which holds channel base support drawn off the May 3 low. A close below would
extend the downtrend toward the Jun 11 low & 50-dma at 126-15+/00. Bulls need to
recover 128-00 to reignite upside momentum and bring the July 3 ytd high back
into view at 128-14.

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.