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(M9) Minor Pullback *RES 4:....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M9) Minor Pullback
*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: 124-06+ @ 15:42 GMT, Mar 29
*SUP 1: 122-02 38.2% 117-13+-124-31
*SUP 2: 121-11+/02 100-dma/Jan 18 low
*SUP 3: 120-12/04+ 200-dma/Dec 12-13 lows
*SUP 4: 119-22 Dec 4 low
10-Yr futures failed to clear 125-00 with the subsequent retracement extending
to 124-02+. Bulls need to clear this key level to re-ignite upside momentum,
opening a move toward 125-26+ which represents the 50% retracement level of
134-07+-117-13+. Bears need a close below the Mar 22 low to stabilise the
outlook and open uptrend support at 123-05. Below here opens a run at the
100-dma & Jan 18 low at 121-11+/02.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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