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(H0) Impulsive Gains *RES 4:...>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H0) Impulsive Gains
*RES 4: 132-02+ High Oct 3 and Oct 7
*RES 3: 131-27+ High Oct 10
*RES 2: 131-11+ 1.382 projection of Jan 2 - Jan 8 rally from Jan 9 low
*RES 1: 131-02 1.236 projection of Jan 2 - Jan 8 rally from Jan 9 low
*PRICE: 130-26 @ 16:29 GMT, Jan 27
*SUP 1: 130-17 Intraday low and gap high
*SUP 2: 129-17+ Low Jan 23
*SUP 3: 129-12 Low Jan 22
*SUP 4: 128-29 Low Jan 17 and key near-term support
10yr futures maintains a firmer tone. With risk clearly off the table, further
gains are seen likely near-term. The technical condition is bullish too and this
has been reinforced today following sharp gains and the break of resistance at
130-17+, Nov 1 high. Attention is on scope for further upside towards 131-02 and
131-11+ next, both Fibonacci projections ahead of 131-27+, the Oct 10 high.
Initial support lies at 130-17, today's intraday low thus far.

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