10 year T-Note technical outlook for September 24, 2014

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:

US 10 Year T-Note(5 Hours)20140923

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

RECEIVE MY TRADING REPORT, FREE OF CHARGE, TWICE A DAY, FOR 2 WEEKS, BY SENDING AN E-MAIL AT: THETRADINGSTRATEGIST@YAHOO.COM !!!

Please read the Disclaimer!