Free Trial

(Z18) 50-DMA Now Support.......>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z18) 50-DMA Now Support
*RES 4: 120-20  Aug 28 high
*RES 3: 119-21+ 200-dma
*RES 2: 119-08+ 100-dma
*RES 1: 119-00  Sep 28 high
*PRICE: 118-29  @ 10:44 GMT, Nov 15
*SUP 1: 117-13+ Oct 8 low
*SUP 2: 116-20  Breakout target from triangle pattern (continuation chart)
*SUP 3: 115-26  61.8% Retracement of 103-20+ to 135-15+
*SUP 4: 114-21  Aug 7 2007 low
Bulls extended gains yesterday through the 50-dma, which now acts as support at
118-16. Above here keeps focus on the 119 level, ahead of the 100 & 200-dma's at
119-08+/21+. Bears need a close below the 50-dma to regain the upper hand,
returning focus to the Oct 8 low at 117-13+, ahead of the breakout target from
the triangle pattern at 116-20.

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.