US DATA: Lowest Actual February Hiring Since 2010 After January Improvement

Mar-06 17:11

* It's not particularly surprising considering the heavy seasonally adjusted decline in nonfarm pa...

Historical bullets

US 10YR FUTURE TECHS: (H6) Trend Structure Remains Bearish

Feb-04 17:10
  • RES 4: 112-31   High Dec 18 and key short-term resistance
  • RES 3: 112-22   High Jan 7 
  • RES 2: 112-07   50-day EMA 
  • RES 1: 112-02   High Feb 02
  • PRICE:‌‌ 111-20 @ 17:06 GMT Feb 04
  • SUP 1: 111-09   Low Jan 20 and the bear trigger
  • SUP 2: 111-00   Round number support
  • SUP 3: 110-30+ 1.618 proj of the Oct 17 - Nov 5 - 25 price swing  
  • SUP 4: 110-22+ 1.764 proj of the Oct 17 - Nov 5 - 25 price swing

Treasuries continue to trade below Monday’s high and a bearish theme remains intact. Resistance to watch is 112-07, the 50-day EMA. A clear break of the 50-day average is required to signal scope for a stronger recovery. Until then, gains are considered corrective and for bears, sights are on key support at 111-09, the Jan 20 low. Clearance of this level would confirm a resumption of the downtrend.

FED: US TSY TO SELL $25.000 BLN 30Y BOND FEB 12, SETTLE FEB 17

Feb-04 17:05
  • US TSY TO SELL $25.000 BLN 30Y BOND FEB 12, SETTLE FEB 17

FED: US TSY TO SELL $58.000 BLN 3Y NOTES FEB 10, SETTLE FEB 17

Feb-04 17:05
  • US TSY TO SELL $58.000 BLN 3Y NOTES FEB 10, SETTLE FEB 17