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(U17) 126-060 Break............>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U17) 126-060 Break Initiates Correction
*RES 4: 127-080 Jun 14 high
*RES 3: 126-280/290 Aug 11, Jun 26 highs
*RES 2: 126-220 Hourly recovery high Aug 14
*RES 1: 126-140 Hourly resistance
*PRICE: 126-005 @1030GMT
*SUP 1: 125-290 Aug 4, Aug 8 lows
*SUP 2: 125-260 76.4% Fibo of 125-155/126-280
*SUP 3: 125-155 Jul 25, Jul 26 lows
*SUP 4: 125-085/090 Jul 13 low, 76.4% of 124-255/126-280
*COMMENTARY* Falling back after last week's challenge to the Jun 26 high at
126-290. Today's drop below 126-060 has broken the 3 week support line and has
initiated a correction. This initially of gains from the late July lows at
126-155, with 125-290/125-260 as next supports. Any lower and have to consider a
deeper correction from the early July low at 124-255. Meanwhile, resistance
initially from 126-140 and then 126-220.

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