Nice reaction from contract lows going on for the 10-year-Note on Tuesday. According to my proprietary analytical tools, the daily trend turned up today and will remain up as long as price stays over 124. Next resistance @ 124.75 and then 125 before downmove starts again. Supported @ 124.20 and 124 before contract low @ 123.50.
T-Note Dec’14 futures, 5-hours candlechart:
Chart courtesy of investing.com. http://investing.com
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