Nice reaction from contract lows going on for the 10-year-Note. The daily trend is now up according to my proprietary analytical tools and will remain up as long as price stays over 124.25. Next resistance @ 125 before sellers re-emerge. Supported @ 124.40, 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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