Free Trial

(Z17) Below 124-310 Targets....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z17) Below 124-310 Targets 124-140/225
*RES 4: 125-297 - 100-DMA 
*RES 3: 125-255 - High Oct 13 
*RES 2: 125-165 - Hourly support Oct 16 now resistance 
*RES 1: 125-105 - Alternating hourly support/resistance
*PRICE: 125-085 @ 0930GMT
*SUP 1: 125-070 - Low Oct 17
*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 break of the 125-100 support lacked follow through Tuesday with
the contract bouncing from ahead of the 125-050 support only to remain heavy
today. Bulls need a close above 125-165 to ease bearish pressure and return
focus to 125-255/126-090 where 55 & 100-DMAs are situated. Bears now look for a
close below 124-310 to confirm focus on 124-140/225. Daily studies are well
placed for a fresh leg lower.

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.