Technical analysis: US Ten Year Note Future
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US TNote Future – June 2009
Tue, Apr 14 2009, 08:19 GMT
by Nicole Elliott
Mizuho Corporate Bank | View company's profile
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Comment: Many may have become frustrated by the lack of progress so far this year. We view this as a market a) getting used to these extreme levels and b) setting up for a break outside the recent consolidation band. The latest decline can be seen as an A, B, C-type correction where C is just under 0.6 times A. Yesterday’s close above 123.00 should soon turn momentum bullish, setting off another rally to 125.00 and then more slowly to contract high at 126.24.
Strategy: Buy at 123.00; stop well below 121.00. Add to longs on a daily close above 123.16 for 124.16 and then 126.02/126.24.
Published on
Tue, Apr 14 2009, 08:20 GMT
Archive
- US TNote Future – March 2010
Published On Tue, Feb 16 2010, 09:06 GMT
- US TNote Future – March 2010
Published On Tue, Feb 9 2010, 09:12 GMT
- US TNote Future – March 2010
Published On Tue, Feb 2 2010, 09:17 GMT
- US TNote Future – March 2010
Published On Tue, Jan 26 2010, 08:54 GMT
- US TNote Future – March 2010
Published On Tue, Jan 19 2010, 08:31 GMT
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