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Can the bulls recover after testing 10400 | 10500 10590 resistance | 10399 support | NFP 90k

Technical analysis for 2nd October 2026

The hoped-for relief in global bond markets has started to appear, but it is far too early to call a turning point.

The US 10-year Treasury yield surged as high as 5.34% yesterday before buyers returned, pulling it back towards 5.25% this morning. US equities recovered from substantial intraday losses to finish slightly higher. Unfortunately, the energy picture has worsened again: oil jumped sharply yesterday amid renewed Middle East supply concerns.

https://www.hilsdentrading.com/can-the-bulls-recover-after-testing-10400-10500-10590-resistance-10399-support-nfp-90k