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(M9) Struggling Ahead of the...>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M9) Struggling Ahead of the March Highs
*RES 4: 125-23 Channel top resistance 
*RES 3: 125-14 76.4% Retracement of Sep 2017-Oct 2018 decline 
*RES 2: 124-31 High Mar 26 
*RES 1: 124-27 High May 15,16 
*PRICE: 124-13+ @ 02:34 GMT, May 17 
*SUP 1: 124-10 Low May 16
*SUP 2: 123-26+ Low May 10 
*SUP 3: 123-13+ 55-dma 
*SUP 4: 122-30 Low May 3 
The rally in US Tsy futures has run out of steam ahead of the March 26 highs
with bulls now needing a break above yesterday's high at 124-27 to allow another
run at the March highs at 124-31. A break would open the 76.4% retracement of
the Sep 2017-Oct 2018 decline at 125-14. On the downside bears look for a break
below yesterday's low at 124-10 to allow a run at the the May 10 low at 123-26+,
below which would suggest a downside reversal.

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