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(H9) 21-DMA Acting As..........>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H9) 21-DMA Acting As Resistance
*RES 3: 127-28+    Sep 8, 2017 high
*RES 2: 124-02+    Dec 29 2017 high
*RES 1: 123-08     Jan 3 high
*PRICE: 121-20     @ 10:36 GMT, Jan 25
*SUP 1: 120-04+    Dec 12-13 lows
*SUP 2: 119-23+    200-dma
*SUP 3: 119-20+/06 100-dma, Oct 26 high
*SUP 4: 118-25+    76.4% 117-13+-123-08
Despite rallying towards the 122-00 level yesterday, traders faded the move with
a reversal back under the 21-dma. Bulls need a weekly close above here to build
on recent momentum, targeting the Jan 14 high at 122-09, ahead of a run at the
Jan 3 peak. Bears need a downside break of the Jan 18 low at 121-02, opening a
run at the Dec 26 low at 120-28, ahead of the Dec 12-13 lows at 120-04+.

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