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(U17) Rally Supported By 11....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U17) Rally Supported By 11 Day Rising Support Line
*RES 4: 127-080 Jun 26 high
*RES 3: 126-290 Jun 26 high
*RES 2: 126-215 76.4% Fibo of 127-080/124-255
*RES 1: 126-185 Aug 9 high
*PRICE: 126-120 @1121GMT
*SUP 1: 125-320 11 day rising support line
*SUP 2: 125-290 Aug 4 low
*SUP 3: 125-215 Aug 1 low
*SUP 4: 125-155 Jul 25 low
*COMMENTARY* Again, after seeing a fresh rise to 126-185 on Wednesday, the
appearance of a 'shooting star' candle at the day's close is a concern. Will
need a move above here to negate the potentially bearish consequences and then
concentrate on a challenge to the key 76.4% Fibo retrace level at 126-215 next.
Support comes from the 11 day rising support line at 125-320, loss here will
also weaken upside argument and suggest a deeper correction is due.

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