Free Trial

(Z17) 153-16/153-05............>

US 30YR FUTURE TECHS: (Z17) 153-16/153-05 Continues As Next Area Of Support 
*RES 4: 156-02 Sep 12 high
*RES 3: 155-15 Sep 15 high
*RES 2: 155-00 Sep 18 high
*RES 1: 154-17/23 Hourly resistance
*PRICE: 154-14 @1017GMT
*SUP 1: 153-16 Sep 20 low
*SUP 2: 153-05 76.4% Fibo of 151-18/158-09, 1% vol band
*SUP 3: 152-03 Jul 27, Jul 28 lows
*SUP 4: 151-19 2% volatility band
*COMMENTARY* Last week saw the the loss of both 156-07 support and the rising
support line from the late July lows. This followed by the key 154-30 level last
Thursday. Wednesday we lost the next important level from 154-04, the 61.8% Fibo
retrace level. This now leaves 153-16 as the near term protection against a
further 153-05 fall. In the meantime, resistance moves to 154-17/154-23,
presently require a move back above 155-00 however, to ease pressure. 

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.