Today's outlook for US 10 year T notes.
Thursday, March 11, 2010
by Carol Harmer of Technical Analysis Reports
|
|
10 Yr T Notes Ten Year provided the buying opportunity we hoped for at 116.23 and held above 116.21 keeping you long as we bounced to 116.29/30 for a nice profit. The key for today will be that 116.24/23 level. If we test this level again today there is a strong chance that it will not hold and a break below 116.21 would keep sellers in charge, looking for 116.18/15. At this stage buyers should be back in town and keen to take advantage of bargains for a short term bounce to 116.23. However stops below 116.13 would need to be activated as we could then sink to 116.08/07. A move back above 116.30 is required to ease downside pressure and above 117.03 should see 117.07/09 to provide another selling opportunity today. Stops would need to be activated on break above 117.10 as this could lead us higher to 117.15/17 where sellers should be able to cap the market today. www.technicalanalysisreports.com
Recent articles from this author
- Today's Outlook for Oil and Gold. - Monday, June 28, 2010
- Today's Forex Outlook. - Monday, June 28, 2010
- Today's Outlook for S&P and Dow Jones. - Friday, June 25, 2010
- Today's Outlook for Oil and Gold. - Friday, June 25, 2010
- Today's Forex Outlook. - Friday, June 25, 2010
About the author
Carol Harmer has over 30 years experience of analysing and trading the world’s markets and is undoubtedly one of the most respected technical analysts in the world today.
Carol’s career started in the early eighties, trading futures on the floor at LIFFE where she quickly discovered Technical Analysis as a way to maximise profits. She was one of the first traders on LIFFE to discover and study this form of analysis and quickly became widely recognised as an expert in its use as well as highly profitable.
This soon led to a position as Senior Technical Analyst for Midland Bank. She was later head hunted for the role of Manager of Technical Analysis for Nomura Bank and then as Head of Technical Trading at Credit Suisse. In 1996 Carol launched 'Charmer Charts' to train independent traders in technical analysis and became the first person to provide daily forecasts for the established traders on the LIFFE floor. She returned to the floor, trading her own account, advising traders throughout the day and continued her appearances on Bloomberg, CNBC and Reuters financial TV where she provided her valued, expert opinion on the direction of financial markets.
Carol now offers her experience to you with daily Technical Analysis reports. Our clients include independent traders and financial institutions world-wide. Her 30 years of studying technical analysis ensures she is one of the most experienced in this field in the world today.
|
