10 year T-Note technical outlook for September 22, 2014

10-year Treasuries showed a nice reaction after marking a new contract low early on Friday. The daily trend is still down though. Friday’s upmove makes hope for some technical rebound up to 124.50, 124.75 and 125. Support @ 123.80 and 123.50.

T-Note Dec’14 futures, daily chart:

US 10 Year T-Note(Daily)20140919

Chart courtesy of investing.com. http://investing.com

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