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(H0) Correcting *RES 4:........>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H0) Correcting
*RES 4: 130-17+ High Nov 1
*RES 3: 130-06 High Jan 8 and a key resistance
*RES 2: 129-25+ 76.4% retracement of the Jan 8 - Jan 9 decline
*RES 1: 129-18 61.8% retracement of the Jan 8 - Jan 9 decline
*PRICE: 129-11+ @ 11:20 GMT, Jan 16
*SUP 1: 129-04 Low Jan 15
*SUP 2: 128-25 Low Jan 14
*SUP 3: 128-17+ Low Jan 97
*SUP 4: 128-05 Low Dec 30 and Low Jan 2
10yr futures remain firmer having yesterday extended the past 5-day recovery.
Whether these gains are part of a stronger bull run remains to be seen. The
sharp sell-off from Jan 8 still hangs over sentiment and for now the recovery is
considered a correction. Further gains would open 129-18, 61.8% of the Jan 8 -
Jan 9 decline. A break of 129-18 would signal a stronger bullish outlook and
open 130-06, Jan 8 high and key resistance. 129-04 and 128-25 is support.

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