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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 Access(U9) From strength to..........>
US 30YR FUTURE TECHS: (U9) From strength to strength:
*RES 3: 167-23 76.4% Fib 177-11 - 136-16
*RES 2: 167-00 Psychological level
*RES 1: 166-08 Intraday high
*PRICE: 166-00 @ 10:38 BST, Aug 14
*SUP 1: 159-23 Aug 8 low
*SUP 2: 157-02 Jul 5 high
*SUP 3: 156-05/10 38.2% of Mar-Aug rally/50-dma
Despite printing a Doji star candle pattern earlier in the week, 30-yr futures
have gone from strength to strength Thursday, topping out at new cycle highs at
166-08. This bumps upside targets higher to psychological resistance and a Fib
retracement at 167-00 and 167-23 respectively. Despite the rally, bears take
comfort from the shooting star candle on the weekly charts, returning downside
focus to the Aug 6 low, ahead of the 38.2% retracement of the Mar-Aug rally at
156-05.
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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.