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(M9) Short-term Uptrend........>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M9) Short-term Uptrend Intact
*RES 4: 127-26+/28+ 61.8% 134-07+-117-13+/Sep 8 2017 high
*RES 3: 125-26+ 50% 134-07+-117-13+
*RES 2: 124-31 Mar 27 high
*RES 1: 123-29+ Apr 10 high
*PRICE: 123-21+ @ 16:33 GMT, Apr 26
*SUP 1: 122-07 100-dma
*SUP 2: 122-02/121-02 38.2% 117-13+-124-31/Jan 18 low
*SUP 3: 120-22+/04+ 200-dma/Dec 12-13 lows
*SUP 4: 119-22 Dec 4 low
The 10-Yr futures short-term uptrend remains intact with topside focus on a
close above the 21-dma. This would bring the Apr 10 high back into view at
123-29+, ahead of a run at the Mar 27 high at 124-31. Any further move higher
will help cement any potential bull flag formation. Bears need a close below the
50-dma & Wednesday's low at 123-00/23 to return the focus to the Mar 12 low &
38.2% retracement level at 122-12/02.
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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