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(U17) Bears Need Close Below...>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U17) Bears Need Close Below 21-DMA
*RES 4: 126-200 - Bollinger band top 
*RES 3: 126-160 - Low June 21 now resistance 
*RES 2: 126-090 - Hourly support Aug 4 now resistance 
*RES 1: 126-050 - Hourly resistance Aug 4
*PRICE: 126-020 @ 2130GMT
*SUP 1: 126-020 - Hourly support Aug 4
*SUP 2: 125-290 - Hourly resistance Aug 1 now support
*SUP 3: 125-260 - 21-DMA
*SUP 4: 125-150 - Low July 25
*COMMENTARY: Bulls failed to test the 126-160 resistance Friday with the
sell-off leaving the contract looking a little heavy. Bears now need a close
below the 21-DMA to add weight to their case for a correction with below the
100-DMA (125-140) needed to shift focus back to 124-110/250. The 126-050/090
resistance region is now key. Bulls look for a close above 126-090 to gain
breathing room and above 126-160 to shift focus to 126-290/127-080.

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