Free Trial

(Z17) 125-140/230 Resistance...>

US 10YR FUTURE TECHS: (Z17) 125-140/230 Resistance Key This Week
*RES 4: 125-230 - Low Sept 25 now resistance 
*RES 3: 125-190 - High Oct 4 
*RES 2: 125-140 - High Oct 5 
*RES 1: 125-070 - Hourly resistance Oct 5
*PRICE: 125-010 @ 0130GMT
*SUP 1: 124-310 - Hourly support Oct 9
*SUP 2: 124-220 - Low Oct 6, Bollinger band base
*SUP 3: 124-140 - Monthly Lows July 6 & 7
*SUP 4: 123-230 - Daily Bear channel base
*COMMENTARY: The lack of downside follow through on fresh 3mth lows Friday was a
concern for bears and hints at a correction back to layers of resistance
125-140/230. Bulls continue to look for a close above 125-230 to initially
target tests of 126-030/090. Layers of support remain with bears now needing a
close below 124-310 to end correction talk and maintain initial bearish focus on
124-140 July lows.

To read the full story



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.