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(Z3) Bear Threat Remains Present

US 10YR FUTURE TECHS
Fixed Income Technical AnalysisHomepagemarkets-real-timeBulletMarketsFixed Income NewsBond Market News
  • RES 4: 112-24+ High Jul 27
  • RES 3: 112-14 High Aug 10 and a key short-term resistance
  • RES 2: 112-00 Round number resistance
  • RES 1: 110-17/111-12+ 20-day EMA / High Sep 1
  • PRICE: 109-28 @ 16:49 BST Sep 7
  • SUP 1: 109-19 Low Sep 7
  • SUP 2: 109-18+/09+ Low Aug 25 / 22 and the bear trigger
  • SUP 3: 108-20 1.000 proj of the Jul 18 - Aug 4 - Aug 10 price swing
  • SUP 4: 107.23 1.236 proj of the Jul 18 - Aug 4 - Aug 10 price swing

Treasury prices traded lower again (just) Thursday and a bear threat remains present. The latest move lower highlights a potential short-term reversal and 111-12+ marks a key short-term resistance, the Sep 1 high. The medium-term trend direction is down and moving average studies reinforce this theme. An extension lower would signal scope for 109-09+, Aug 22 low and a bear trigger. A break of this level would strengthen a bearish theme.

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  • RES 4: 112-24+ High Jul 27
  • RES 3: 112-14 High Aug 10 and a key short-term resistance
  • RES 2: 112-00 Round number resistance
  • RES 1: 110-17/111-12+ 20-day EMA / High Sep 1
  • PRICE: 109-28 @ 16:49 BST Sep 7
  • SUP 1: 109-19 Low Sep 7
  • SUP 2: 109-18+/09+ Low Aug 25 / 22 and the bear trigger
  • SUP 3: 108-20 1.000 proj of the Jul 18 - Aug 4 - Aug 10 price swing
  • SUP 4: 107.23 1.236 proj of the Jul 18 - Aug 4 - Aug 10 price swing

Treasury prices traded lower again (just) Thursday and a bear threat remains present. The latest move lower highlights a potential short-term reversal and 111-12+ marks a key short-term resistance, the Sep 1 high. The medium-term trend direction is down and moving average studies reinforce this theme. An extension lower would signal scope for 109-09+, Aug 22 low and a bear trigger. A break of this level would strengthen a bearish theme.