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(H9) Trend Remains Weak *RES...>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H9) Trend Remains Weak
*RES 4: 127-28+ Sep 8, 2017 high
*RES 3: 124-02+ Dec 29 2017 high
*RES 2: 123-08 Jan 3 high
*RES 1: 122-09 Jan 14 high
*PRICE: 121-21+ @ 11:06 GMT, Jan 30
*SUP 1: 121-02+ Jan 18 lows
*SUP 2: 120-04+ Dec 12-13 lows
*SUP 3: 119-22/23+ 100-dma/200-dma
*SUP 4: 118-25+ 76.4% 117-13+-123-08
Trend/momentum indicators remain firmly in negative territory since early Jan,
suggesting downside pressure is set to remain in the near-term. Initial support
is placed at 121-14+, but once below here the focus will be on 121-08+ and then
the 121-02 corrective low. Risk remains for a final move lower to 120-28+
(50-dma) before the uptrend resumes. Gains above 121-27 are needed to provide an
initial positive signal, but 122-09 confirms a corrective bottom.

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