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Key Short-Term Support In US 10y Fut. Remains Intact

  • The trend direction remains up and recent weakness is considered corrective.
  • The contract has remained above support at the 50-day EMA. Just below the EMA is a trendline support, drawn from the Jun 16 low.
  • A break of these two technical points would threaten the uptrend.
  • A reversal higher would refocus attention on the bull trigger at 122-02, the Aug 2 high and the bull trigger.

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