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(U18) Struggling For...........>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U18) Struggling For Traction
*RES 4: 122-19 High Feb 2 (Continuation chart)
*RES 3: 121-06 200-dma
*RES 2: 121-03 High May 30
*RES 1: 120-24 High Aug 22
*PRICE: 120-12 @ 09:28 GMT
*SUP 1: 119-27 Former range top, now support
*SUP 2: 119-23 100-DMA (U18 contract)
*SUP 3: 119-12 Hourly low Aug 8
*SUP 4: 119-02 Low Aug 1
Yesterday's sharp selloff dented bulls confidence and shifted the focus back to
neutral for now. Bulls require a break above the Aug 22 high of 120-24 to
reignite the positive trend. On the downside, initial support comes in at 119-27
which marks the former range high. A break below here would undermine the recent
rally and shift the focus back to the downside.

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