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(M9) Downside Momentum Picks...>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M9) Downside Momentum Picks Up
*RES 4: 131-00 Nov 9, 2016 high 
*RES 3: 128-03+ Sep 8 2017 high 
*RES 2: 125-26+ 50% retracement of 134-07+-117-13+ 
*RES 1: 124-31+ Mar 27 high 
*PRICE: 124-00+ @ 06:51 GMT, Apr 1 
*SUP 1: 123-10+ Low Mar 22 
*SUP 2: 123-20 Uptrend support from March lows 
*SUP 3: 122-23 Low Mar 21
*SUP 4: 122-12 Low March 12 
The broader uptrend in 10-Yr futures remains intact but near term weakness has
crept in allowing bears to target the March 22 lows at 123-23+ to raise the
prospect of a bearish reversal. Below here brings uptrend support from the March
lows into focus at 123-10. On the upside bulls continue to focus on the March 27
high at 124-00+ above which would reignite upside momentum towards the 50%
retracement level of the 134-07+-117-13+ move which comes in at 125-26+.

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