10 year T-Note technical outlook for September 30, 2014

10-year-Note is close to a 3-week high. The daily trend will remain up as long as price stays over 124.30. Next resistance @ 125 and 125.10 where sellers are likely to re-emerge. Supported @ 124.45, 124.20 and 124 before contract low @ 123.50.

T-Note Dec’14 futures, 5-hours candlechart:

TNOTE_daily_20140929

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

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