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(H0) Likely To Stay On The.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H0) Likely To Stay On The Defensive
*RES 4: 130-28+ High Oct 11
*RES 3: 130-17+ High Nov 1
*RES 2: 130-06 High Jan 8 and a key resistance
*RES 1: 129-02 50 day EMA
*PRICE: 128-28+ @ 11:32 GMT, Jan 10
*SUP 1: 129-04+ Low Jan 7
*SUP 2: 128-20 Low Jan 3
*SUP 3: 127-29 Low Dec 13 and bear trigger
*SUP 4: 130-28+ High Oct 11
10yr futures have settled down following extremely choppy price action Wednesday
. The sell-off Wednesday places on hold a recent bullish focus. Price failed to
remain and close above resistance at 129-21, Jan 6 high and the 50-day EMA, an
indicator used as a reliable trend signal. Further weakness would open 128-05,
Dec 30 and Jan 2 low where a break would expose 127-29, Dec 13 low and key
support. Resistance is 129-02.

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