Free Trial

(Z17) Bears Need Close Below...>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z17) Bears Need Close Below 125-100
*RES 4: 126-030 - 55-DMA 
*RES 3: 125-300 - 100-DMA 
*RES 2: 125-255 - High Oct 13 
*RES 1: 125-165 - Hourly support Oct 16 now resistance
*PRICE: 125-130 @ 0930GMT
*SUP 1: 125-100 - Low Oct 13
*SUP 2: 125-050 - Hourly support Oct 11
*SUP 3: 124-310 - Hourly support Oct 9
*SUP 4: 124-287 - Bollinger band base
*COMMENTARY: The close above the 21-DMA (125-150) Friday shifted bullish focus
to the 125-290/090 region where 55 & 100-DMAs are situated after correcting O/S
studies provided support last week. The sell-off Monday was less than ideal and
saw bears gain breathing room, but a close below 125-100 remains needed to shift
focus back to Oct lows so far at 124-220. Bulls now look for a close above
125-165 to ease pressure on 125-100.

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.