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Break Above Monday's Highs.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: Break Above Monday's Highs Adds To Bullish Picture
*RES 4: 122-19 High Feb 2 (Continuation chart)
*RES 3: 121-13+ 200-dma
*RES 2: 121-03 High May 30
*RES 1: 120-20 High Jul 6
*PRICE: 120-14+ @ 18:26 GMT
*SUP 1: 119-27 Former range top, now support
*SUP 2: 119-16 Hourly low Aug 9
*SUP 3: 119-02 Low Aug 1
*SUP 4: 118-29+ Low Jun 13
With fresh intraday momentum indicators turning positive, Treasury futures made
light work of Monday's 120-15+ high to touch 120-18 before positive Turkey
headlines saw progress slow. Nonetheless, corrective activity remains limited,
leaving key support levels unchallenged. Focus now turns to the 120-20 July
high. A break above here will open upside potential towards May's best levels.
The former range top at 119-27 remains initial support

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