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(M9) Bulls In Control..........>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M9) Bulls In Control Despite Pullback
*RES 4: 127-28+ Sep 8 2017 high
*RES 3: 127-26+ 61.8% 134-07+-117-13+
*RES 2: 126-04+ Sep 25 2017 high
*RES 1: 125-26+/27 50% 134-07+-117-13+/Intraday high
*PRICE: 125-11 @ 16:08 BST, May 30
*SUP 1: 124-01/123-29 May 21 low/50-dma
*SUP 1: 122-31+/30 100-dma/May 3 low
*SUP 2: 122-20 38.2% 117-13+-125-27
*SUP 3: 121-07/02 200-dma/Jan 18 low
*SUP 4: 120-04+ Dec 12-13 lows
The US 10y surged to fresh contract highs of 125-27 Wednesday, before stalling
around resistance from the 50% retracement level. The bullish trend remains
intact with topside focus on a break of 126-00 & the Sep 25 2017 high at
126-04+. Bears need a close under the May 23 low at 124-15 to stabilise the
outlook, before challenging the May 21 low & 50-dma at 124-01/123-29.

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