Free Trial

(Z2)‌‌ Southbound

US 10YR FUTURE TECHS
  • RES 4: 116-31 50 day EMA values
  • RES 3: 115-15/116-26 20-day EMA / High Sep 2
  • RES 2: 114.17/115-01 High Sep 20 / 15
  • RES 1: 114-00 High Sep 22
  • PRICE: 112-11 @ 11:27 BST Sep 23
  • SUP 1: 112-05 Intraday low
  • SUP 2: 112-00 Round number support
  • SUP 3: 111-22 3.0% Lower Bollinger Band
  • SUP 4: 111-04+ 3.0% 10-dma envelope

Treasuries remain soft and the contract has resumed its downtrend today. A bearish price sequence of lower lows and lower highs, bearish moving average studies and a lack of any meaningful correction, clearly highlights the markets current bearish sentiment. The focus is on the 112-00 handle next where a break would open 111-22, a lower Bollinger band value. Initial resistance is at yesterday’s high of 114-00.

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.