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US 10YR FUTURE TECHS: (Z4) Trades Through The Bull Trigger

US 10YR FUTURE TECHS
USFixed Income Technical AnalysisCredit BulletsMarketsBulletGlobalFixed Income BulletsRegionNorth America
  • RES 4: 116-07   1.764 proj of the Aug 8 - 21 - Sep 3    
  • RES 3: 116-00   Round number resistance
  • RES 2: 115-31   1.618 proj of the Aug 8 - 21 - Sep 3   
  • RES 1: 115-23   Intraday high 
  • PRICE:‌‌ 115-21+ @ 07:55 BST Sep 11
  • SUP 1: 114-27+/06+ Low Sep 10 / 20-day EMA    
  • SUP 2: 114-00+ Low Sep 4 
  • SUP 3: 113-12   Low Sep 3       
  • SUP 4: 113-03+ 50-day EMA 

The trend needle in Treasuries continues to point north and this week’s gains reinforce this theme. Today’s climb has resulted in a print above key resistance and the bull trigger at 115-19, the Aug 5 high. The move higher confirms a resumption of the uptrend and paves the way for a climb towards the 116.00 handle. MA studies remain in a bull-mode position, highlighting a clear M/T uptrend.  Firm support is seen at 114-06+, the 20-day EMA.

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  • RES 4: 116-07   1.764 proj of the Aug 8 - 21 - Sep 3    
  • RES 3: 116-00   Round number resistance
  • RES 2: 115-31   1.618 proj of the Aug 8 - 21 - Sep 3   
  • RES 1: 115-23   Intraday high 
  • PRICE:‌‌ 115-21+ @ 07:55 BST Sep 11
  • SUP 1: 114-27+/06+ Low Sep 10 / 20-day EMA    
  • SUP 2: 114-00+ Low Sep 4 
  • SUP 3: 113-12   Low Sep 3       
  • SUP 4: 113-03+ 50-day EMA 

The trend needle in Treasuries continues to point north and this week’s gains reinforce this theme. Today’s climb has resulted in a print above key resistance and the bull trigger at 115-19, the Aug 5 high. The move higher confirms a resumption of the uptrend and paves the way for a climb towards the 116.00 handle. MA studies remain in a bull-mode position, highlighting a clear M/T uptrend.  Firm support is seen at 114-06+, the 20-day EMA.