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(U17) 125-155 Support..........>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U17) 125-155 Support Survives Pressure Last Friday
*RES 4: 126-215 76.4% Fibo of 127-080/124-255
*RES 3: 126-115/120 Jun 19 low, Jul 21 high
*RES 2: 126-065 Jul 25 high
*RES 1: 126-020 Jul 26 high
*PRICE: 125-290 @1010GMT
*SUP 1: 125-175 Jul 28 low
*SUP 2: 125-155 Jul 25 low
*SUP 3: 125-125/130 Congestion area Jul 12-13
*SUP 4: 125-085 Jul 13 low
*COMMENTARY* The fall was held at 125-155 last Tuesday, a sharp rally on
Wednesday producing a 126-020 bounce so far. Will need to see gains back above
126-065 however, before the near term bias will return to higher again and
refocus on the 126-115/126-120 area. Support in the meantime, rises to
125-175/125-155 and ideally this now withstands any pressure if the recovery has
not been in vain. Loss will disappoint now. 

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