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(H9) Maintaining Bullish.......>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H9) Maintaining Bullish Trend
*RES 3: 124-02+ Dec 29 2017 high
*RES 2: 122-19/21 50% 127-28+-117-13+/Feb 6 high
*RES 1: 121-13+ Dec 19 high/38.2% 127-28+-117-13+
*PRICE: 121-04 @ 11:59 GMT, Dec 24
*SUP 1: 119-19+ 200-dma
*SUP 2: 119-09/06 100-dma, Oct 26 high
*SUP 3: 117-13+ Oct 8 low
The US 10y opened above 121 toward the upper end of last weeks range, and could
be set to test the bottom of the upward trend channel. Bulls need to take out
Wednesday's high at 121-13+ to build on recent momentum, targeting a move toward
the 50% retracement level & Feb 6 high at 122-19/21. Failure to hold above
121-00 brings ascending trendline support at 120-06 into play. Below here turns
the outlook neutral, opening a run at the 200 & 100-dma's at 119-19+ & 119-09
respectively.

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