Get 40% Off
These stocks are up over 10% post earnings. Did you spot the buying opportunity? Our AI did.Read how

US 10-Year Downside Bias Through Key 127-075 For More Bearish Tone

Published 10/22/2014, 03:56 AM
Updated 12/12/2023, 05:55 AM

US 10-Year future better top threat

Once again, modest resistance at 128-105 has capped to leave increasing risk for a breach of 127-075 for a shift to a negative theme, reinforced through 127-00.

The setback last week from our 129-175/18 resistance area continues to indicate a potential topping structure into midweek with risk to support.

Through 128-105 is needed to ease the topping threat, but all the way above 129-18 is need to fully re-energize the bull tone.

WHAT CHANGES THIS?

Downside: Below 127-075 sees risk lower for 127-00 and 126-07.

Upside: Above 129-175/18 aims higher for 130-00 and 130-17.

Please see full report with levels and latest screencast here:

4 hour US 10yr Future December Chart

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.