...
Find more articles and bullets on these widgets:
Treasuries continue to trade above their recent lows. A bear theme is intact and short-term gains are considered corrective. Initial firm resistance is at the 20-day EMA, currently at 112-01+. The 50-day EMA is at 112-10+. The area between the 20- and 50-day averages represents a key resistance zone. For bears, a resumption of weakness would refocus attention on the bear trigger at 111-09, the Jan 10 low.