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(H0) Fed Net Positive *RES.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H0) Fed Net Positive
*RES 3: 130-16 61.8% of the Oct 7 - Nov 7 decline
*RES 2: 130-04+ High Dec 3 and bull trigger
*RES 1: 129-14+ High Dec 6
*PRICE: 129-09 @ 20:40 GMT, Dec 11
*SUP 1: 128-21 Low Dec 6
*SUP 2: 128-14+ 76.4% retracement of the Nov 7 to Dec 3 rally
*SUP 3: 128-11+ Low Nov 13
10yr futures found some support following the generally dovish Fed decision.
Nonetheless, the rally fell short of spilling above the 129-14+ resistance. As
such, a bearish focus remains in place following the sell-off that unfolded off
the Dec 4 high last week. This resulted in a low print of 128-21 on Dec 6 and
marked a breach of former support at 128-23+, Dec 2 low essentially negating the
bullish implications of the bounce between Dec 2 and Dec 3. This break lower has
exposed 128-14+ next, 76.4% retracement of the Nov 7 to Dec 3 rally.

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