{"id":11242,"date":"2016-05-10T12:07:33","date_gmt":"2016-05-10T20:07:33","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=11242"},"modified":"2016-05-10T21:24:20","modified_gmt":"2016-05-11T05:24:20","slug":"thirty-year-bonds-looking-correction-towards-156-158-area-5-11-2016","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/thirty-year-bonds-looking-correction-towards-156-158-area-5-11-2016\/","title":{"rendered":"Thirty Year Bonds Looking for a Correction Towards the 156-158 Area 5.11.2016"},"content":{"rendered":"

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\n3.\u00a0Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds<\/a><\/strong>
\n4.\u00a0Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver<\/a><\/strong>
\n5.\u00a0Futures Economic Reports for Wednesday May 11, 20<\/strong><\/a><\/strong>16<\/strong><\/a><\/p>\n

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Thirty Year Bonds Looking for a Correction Towards the 156-158 Area<\/strong><\/p>\n

Ilan Levy-Mayer\u00a0|\u00a0Friday, 06 May 2016 12:16\u00a0(EST)<\/i><\/p>\n

I am looking for\u00a0US Treasury bonds, also known as the\u00a030 year\u00a0bonds to correct down to 156-158 area. I am thinking that tomorrow’s monthly unemployment report may trigger this correction, or it may take a little longer or maybe not happen at all – BUT my chart seems to think there is a good possibility of a correction.<\/p>\n

Notice the weekly chart below and the correction we had last year between February and July. I think the market right now is\u00a0a on\u00a0a possible break lower and a similar correction in price towards the support levels of\u00a0156-158\u00a0area.<\/p>\n

Read\u00a0 the rest….<\/a><\/p>\n

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Futures Trading Levels<\/a><\/strong>\u00a0<\/strong>\u00a0<\/em><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Contract June 2016<\/td>\nSP500<\/td>\nNasdaq100<\/td>\nDow Jones<\/td>\nMini Russell<\/td>\nDollar Index<\/td>\n<\/tr>\n
Resistance 3<\/td>\n2120.75<\/td>\n4495.08<\/td>\n18205<\/td>\n1145.83<\/td>\n94.71<\/td>\n<\/tr>\n
Resistance 2<\/td>\n2100.25<\/td>\n4446.92<\/td>\n18035<\/td>\n1136.57<\/td>\n94.52<\/td>\n<\/tr>\n
Resistance 1<\/td>\n2089.00<\/td>\n4420.08<\/td>\n17946<\/td>\n1131.43<\/td>\n94.39<\/td>\n<\/tr>\n
Pivot<\/td>\n2068.50<\/td>\n4371.92<\/td>\n17776<\/td>\n1122.17<\/td>\n94.20<\/td>\n<\/tr>\n
Support 1<\/td>\n2057.25<\/td>\n4345.08<\/td>\n17687<\/td>\n1117.03<\/td>\n94.07<\/td>\n<\/tr>\n
Support 2<\/td>\n2036.75<\/td>\n4296.92<\/td>\n17517<\/td>\n1107.77<\/td>\n93.88<\/td>\n<\/tr>\n
Support 3<\/td>\n2025.50<\/td>\n4270.08<\/td>\n17428<\/td>\n1102.63<\/td>\n93.75<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nJune Gold<\/td>\nJuly Silver<\/td>\nJune Crude Oil<\/td>\nJune Bonds<\/td>\nJune \u00a0 Euro<\/td>\n<\/tr>\n
Resistance 3<\/td>\n1287.5<\/td>\n17.50<\/td>\n47.08<\/td>\n166 13\/32<\/td>\n1.1463<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1279.8<\/td>\n17.35<\/td>\n45.93<\/td>\n166 5\/32<\/td>\n1.1442<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1273.8<\/td>\n17.24<\/td>\n45.32<\/td>\n165 29\/32<\/td>\n1.1411<\/td>\n<\/tr>\n
Pivot<\/td>\n1266.1<\/td>\n17.08<\/td>\n44.17<\/td>\n165 21\/32<\/td>\n1.1391<\/td>\n<\/tr>\n
Support 1<\/td>\n1260.1<\/td>\n16.97<\/td>\n43.56<\/td>\n165 13\/32<\/td>\n1.1360<\/td>\n<\/tr>\n
Support 2<\/td>\n1252.4<\/td>\n16.82<\/td>\n42.41<\/td>\n165 5\/32<\/td>\n1.1339<\/td>\n<\/tr>\n
Support 3<\/td>\n1246.4<\/td>\n16.71<\/td>\n41.80<\/td>\n164 29\/32<\/td>\n1.1308<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nJuly Corn<\/td>\nJuly Wheat<\/td>\nJuly Beans<\/td>\nJuly SoyMeal<\/td>\nJune Nat Gas<\/td>\n<\/tr>\n
Resistance 3<\/td>\n406.3<\/td>\n481.8<\/td>\n1159.17<\/td>\n387.30<\/td>\n2.28<\/td>\n<\/tr>\n
Resistance 2<\/td>\n396.2<\/td>\n475.3<\/td>\n1125.33<\/td>\n373.50<\/td>\n2.22<\/td>\n<\/tr>\n
Resistance 1<\/td>\n388.6<\/td>\n468.3<\/td>\n1104.67<\/td>\n366.60<\/td>\n2.19<\/td>\n<\/tr>\n
Pivot<\/td>\n378.4<\/td>\n461.8<\/td>\n1070.83<\/td>\n352.80<\/td>\n2.14<\/td>\n<\/tr>\n
Support 1<\/td>\n370.8<\/td>\n454.8<\/td>\n1050.2<\/td>\n345.9<\/td>\n2.1<\/td>\n<\/tr>\n
Support 2<\/td>\n360.7<\/td>\n448.3<\/td>\n1016.33<\/td>\n332.10<\/td>\n2.06<\/td>\n<\/tr>\n
Support 3<\/td>\n353.1<\/td>\n441.3<\/td>\n995.67<\/td>\n325.20<\/td>\n2.03<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Economic Reports<\/strong><\/p>\n

source:http:\/\/www.forexfactory.com\/calendar.php<\/a><\/h3>\n

All times are Eastern time Zone (EST<\/a>)<\/h3>\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Date<\/th>\n4:00pm<\/a><\/th>\nCurrency<\/th>\nImpact<\/th>\n<\/th>\nDetail<\/th>\nActual<\/th>\nForecast<\/th>\nPrevious<\/th>\nGraph<\/th>\n<\/tr>\n<\/thead>\n
<\/td>\n<\/tr>\n
WedMay 11<\/td>\n<\/a>\u00a04:30am<\/td>\nGBP<\/td>\n<\/td>\nManufacturing Production m\/m<\/td>\n<\/td>\n<\/td>\n0.4%<\/td>\n-1.1%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n<\/td>\nGBP<\/td>\n<\/td>\nIndustrial Production m\/m<\/td>\n<\/td>\n<\/td>\n0.7%<\/td>\n-0.3%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:00am<\/td>\nGBP<\/td>\n<\/td>\nNIESR GDP Estimate<\/td>\n<\/td>\n<\/td>\n<\/td>\n0.3%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n11th-13th<\/td>\nUSD<\/td>\n<\/td>\nMortgage Delinquencies<\/td>\n<\/td>\n<\/td>\n<\/td>\n4.77%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:30am<\/td>\nUSD<\/td>\n<\/td>\nCrude Oil Inventories<\/td>\n<\/td>\n<\/td>\n<\/td>\n2.8M<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n1:01pm<\/td>\nUSD<\/td>\n<\/td>\n10-y Bond Auction<\/td>\n<\/td>\n<\/td>\n<\/td>\n1.77|2.8<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n2:00pm<\/td>\nUSD<\/td>\n<\/td>\nFederal Budget Balance<\/td>\n<\/td>\n<\/td>\n116.2B<\/td>\n-108.0B<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n7:01pm<\/td>\nGBP<\/td>\n<\/td>\nRICS House Price Balance<\/td>\n<\/td>\n<\/td>\n38%<\/td>\n42%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n

This is not a solicitation of any order to buy or sell, but a current market view provided by <\/span>Cannon Trading Inc<\/a>. Any statement of facts here in contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgement in trading.<\/span>
\n<\/strong><\/h3>\n","protected":false},"excerpt":{"rendered":"

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed. 1.\u00a0Market Commentary 2.\u00a0Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index 3.\u00a0Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds 4.\u00a0Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver 5.\u00a0Futures Economic Reports for Wednesday […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67],"tags":[943,949,929,144],"class_list":["post-11242","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","tag-bonds-futures","tag-future-trading-news","tag-futures-trading-daily-support","tag-futures-trading-levels"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/11242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/comments?post=11242"}],"version-history":[{"count":5,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/11242\/revisions"}],"predecessor-version":[{"id":13709,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/11242\/revisions\/13709"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=11242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=11242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=11242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}