Market Commentary and Analysis

Trader's Blog

The North America Cannabis Industry Has A New Champion

4 hours ago

U.S. Crude Oil Production Collapsed In May

1 day ago

Three ETFs Set To Move Higher

2 days ago

Gold & Silver: The Volcano Awoke

3 days ago

Futures Market Showing Signs Of Life

4 days ago

Currencies | Energy | Food | Grains | Indexes | Interest | Livestock | Metals

INO.com’s Daily Market Analysis

It’s free, informative, and will help you prepare and plan for the next trading day, while getting a jump on changing market conditions.

Privacy Policy

INTEREST RATES https://quotes.ino.com/exchanges/?c=interest

September T-bonds closed up 3/32's at 182-06.

September T-bonds closed higher on Thursday. The low-range close sets the stage for a steady to lower opening when Friday's night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If September extends the rally off June's lows, the 75% retracement level of March's decline crossing at 183-23 is the next upside target. Closes below the 20-day moving average crossing at 180-31 would confirm that a short-term top has been posted. First resistance is today's high crossing at 183-06. Second resistance is the 75% retracement level of March's decline crossing at 183-23. First support is the 20-day moving average crossing at 180-31. Second support is the 50-day moving average crossing at 178-21.

September T-notes closed up 15-pts. At 140.040.

September T-notes closed higher on Thursday. The mid-range close sets the stage for a steady to higher opening when Friday's night session begins trading. Stochastics and the RSI are turning neutral to bearish signaling that sideways to lower prices are possible near-term. Closes below the 50-day moving average crossing at 139.026 would signal that a short-term top has been posted. If September extends the rally off June's high, March's high on the weekly continuation chart crossing at 140.240 is the next upside target. First resistance is today's high crossing at 140.130. Second resistance is March's high on the weekly continuation chart crossing at 140.240. First support is the 20-day moving average crossing at 139.212. Second support is the 50-day moving average crossing at 139.026.