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(H9) Erases Fed Gains *RES.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H9) Erases Fed Gains
*RES 3: 125-26+ 50% 134-07+-117-13+
*RES 2: 124-02+ Dec 29 2017 high
*RES 1: 123-08 Jan 3 high
*PRICE: 121-21 @ 15:51 GMT Feb 4
*SUP 1: 121-02+/02 Jan 18 low/50-dma
*SUP 2: 120-04+ Dec 12-13 lows
*SUP 3: 119-26/25 200-dma/100-dma
The post-Fed sell off extended into US Tsy futures well into the Monday session,
keeping the outlook neutral for now and mounting a greater challenge for bulls.
For any near-term recovery, bulls need to overcome the Jan 31 high at 122-19 to
shift focus back to the Jan 3 high at 123-08. A break would improve the long
term outlook and open a run at the Oct 25 2017 low at 124-06. On the downside
bears look for a break back below the Jan 18 low at 121-02. Below here would
enable a run at the Dec 26 low at 120-28.

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