US 10YR FUTURE TECHS: (Z5) Bull Cycle Remains In Play
Sep-11 10:35
- RES 4: 114-10 High Apr 7 (cont.)
- RES 3: 114-00 Round number resistance
- RES 2: 113-26+ 2.764 proj of the Jul 15 - 22 - 28 price swing
- RES 1: 113-21+ High Sep 5
- PRICE: 113-15+ @ 11:24 BST Sep 15
- SUP 1: 112-28+/112-18 Low Sep 5 / 20-day EMA
- SUP 2: 111-30+ 50-day EMA
- SUP 3: 111-13+ Low Aug 18 and a key support
- SUP 4: 110-25 Low Aug 1
Treasury futures are unchanged and the contract is holding on to the bulk of its latest gains. Recent impulsive gains highlight an acceleration of the uptrend. Note too that moving average studies are in a bull-mode position, highlighting a dominant uptrend. This paves the way for an extension through 113-21 next (pierced), the 2.618 projection of the Jul 15 - 22 - 28 price swing. Initial firm support to watch is 112-18, the 20-day EMA.
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
LOOK AHEAD: July CPI Report and Fedspeak
Aug-12 10:30
US Data/Speaker Calendar (prior, estimate). All times ET
- 08/12 0830 CPI MoM (0.3%, 0.2%), Core CPI MoM (0.2%, 0.3%)
- 08/12 0830 CPI YoY (2.7%, 2.8%), Core CPI YoY (2.9%, 3.0%)
- 08/12 0830 Real av earnings YoY (1.0%, --)
- 08/12 1000 Barkin on economy (text + Q&A)
- 08/12 1030 Schmid on mon pol and economy (text + Q&A)
- 08/12 1130 US Tsy to sell $85B 6-W bills
- 08/12 1300 White House Press Sec. Leavitt Briefing
- 08/12 1400 Federal budget balance ($27.0b, -$239.2b)
- Source: Bloomberg Finance L.P., Roll Call, MNI
EQUITIES: Estoxx Ratio Put Spread
Aug-12 10:22
SX5E (20/03/26) 220/190ps 1x1.5, bought for 4.85 in 7k.
EQUITIES: EU Bank large Call Option trade
Aug-12 10:19
SX7E (19th Dec) 230c, bought for 11.95 in 17.6k.
