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(M9) Correction Pattern........>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M9) Correction Pattern Persists
*RES 4: 127-28+ Sep 8 2017 high
*RES 3: 127-26+ 61.8% 134-07+-117-13+
*RES 2: 125-26+ 50% 134-07+-117-13+
*RES 1: 124-31 Mar 27 high
*PRICE: 123-04+ @ 16:15 GMT, Apr 12
*SUP 1: 122-25+/02 50-dma/38.2% 117-13+-124-31
*SUP 2: 121-28/02 100-dma/Jan 18 low
*SUP 3: 120-18/04+ 200-dma/Dec 12-13 lows
*SUP 4: 119-22 Dec 4 low
After Thursday's correction lower, Friday price action cemented the negativity,
taking out the week's lows and making an earnest attempt on the 123-00 handle.
Bears target up trendline support off the Oct lows & 50-dma at 122-30/25+, with
a break here needed to extend the retracement towards the 38.2% fibo at 122-02.
Bulls need to recover Wednesday's high at 123-29+ to reignite upside momentum
towards the March 27 high at 124-31.

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