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(U18) Threatening A Bullish....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U18) Threatening A Bullish Break
*RES 4: 119.250 21-DMA 
*RES 3: 119-235 55-DMA 
*RES 2: 119-210 High July 31 
*RES 1: 119-205 High August 3 
*PRICE: 119-185 @ 0635GMT 
*SUP 1: 119-150 Hourly High August 3 
*SUP 2: 119-095 Hourly Low August 3 
*SUP 3: 119-020 Low Aug 1 
*SUP 4: 119-000 Support 
10-year futures remain bid following Friday's rally, with a push above Friday's
intraday high needed for the contract to break out of its short-term downtrend
that has been in place over the past two weeks. Such a move would open up a run
at the 21-DMA and 55-DMA and potentially form a bullish trend. On the downside,
bears need a close below the intraday high of 119-150 to shift the focus back
lower and mount a retest of the August 1 low. 

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