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(H9) Focus On 21-DMA *RES 3:...>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H9) Focus On 21-DMA
*RES 3: 127-28+   Sep 8, 2017 high
*RES 2: 124-02+   Dec 29 2017 high
*RES 1: 123-08    Jan 3 high
*PRICE: 121-11    @ 10:25 GMT, Jan 24
*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
10-Yr futures look to be consolidating their recent drop below the 21-dma which
now acts as key resistance. A break above here would shift the outlook positive
and target the Jan 14 high at 122-09 ahead of the Jan 3 peak. Failure to do so
would put focus back on the downside, targeting the Dec 26 low at 120-28, ahead
of the Dec 12-13 lows at 120-04+.

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