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(H0) Off Recent Highs *RES.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H0) Off Recent Highs
*RES 4: 130-06 High Jan 8 and a key resistance
*RES 3: 129-25+ 76.4% retracement of the Jan 8 - Jan 9 decline
*RES 2: 129-18 61.8% retracement of the Jan 8 - Jan 9 decline
*RES 1: 129-14 High Jan 15 and 16
*PRICE: 129-06 @ 11:24 GMT, Jan 17
*SUP 1: 129-02 Intraday low
*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 gave up early strength to return lower into the close yesterday.
This signals a potential end to the past 5-day recovery and any hopes of a S/T
stronger bull run. The pullback maintains the focus on the sharp sell-off from
Jan 8, which still hangs over sentiment. 128-25 is the next support, a break
would open 128-17+. To the upside, a break of 129-18 would instead signal a
stronger bullish outlook and open 130-06, Jan 8 high and key resistance.

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