Treasury Futures Consolidate Within Uptrend; Levels in Focus
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283
(Bloomberg) -- Treasury futures (TY1) technical levels in focus.
- Daily trend bias: Bullish
- Comment: While exhaustive price action was displayed on Tuesday, with decay in momentum notable into Wednesday session, market stays biased for strength while above 126-11+ price support
- Resistance: 126-31/31+; 127-03+; 127-10+
- Support: 126-23+; 126.19+; 126-17; 126-11+
- NOTE: Roll- adjusted by difference in GFUT
- NOTE: Sejul Gokal is a FICC technical strategist who writes for Bloomberg. The observations he makes are his own and are not intended as investment advice
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283