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(U17) Still Entrenched.........>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U17) Still Entrenched Within The 5 Week Bull Channel
*RES 4: 127-290 1% volatility band
*RES 3: 127-075/080 5 week bull channel top, Jun 14 high  
*RES 2: 127-015 Aug 18 high
*RES 1: 126-305 Aug 23, Aug 24 highs
*PRICE: 126-220 @0940GMT
*SUP 1: 126-160 Aug 23 low
*SUP 2: 126-110 Aug 17 low
*SUP 3: 126-075 5 week bull channel base
*SUP 4: 125-320 Aug 16 low
*COMMENTARY* The 125-290/125-260 area remained unscathed, as the earlier 125-320
level provided support last week. The subsequent recovery has broken above the
previous 126-280/126-290 highs to reach 127-015. Will have to find the further
strength for a sustained break above here however, before the confidence in the
upside will be restored and the chance of a continued 127-075/127-080 rise.
Support from 126-160/126-110 now protects the 5 week channel base at 126-075.

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