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(U9) 127-15 Proving Hard to....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U9) 127-15 Proving Hard to Overcome
*RES 4: 130-08+    76.4% 134-07+-117-13+
*RES 3: 127-28+    Sep 8 2017 high
*RES 2: 127-26+    61.8% 134-07+-117-13+
*RES 1: 127-15     Jun 3 high
*PRICE: 127-05+    @ 09:48 GMT, Jun 6
*SUP 1: 125-06+    May 30 low
*SUP 2: 124-07/01  50-dma/May 21 low
*SUP 3: 123-20     38.2% 117-13+-127-15
*SUP 4: 123-07+/30 100-dma/May 3 low
Consolidation above 127-00 keeps the recent uptrend intact, but has so far
struggled to overcome the 127-15 level. A topside break brings the 61.8%
retracement & Sep 8 2017 high back into view at 127-26+/28+ (continuation
chart). With technical studies generating heavily overbought conditions, failure
to break could see a short-term reversal, opening a return to the 50-dma & May
21 low at 124-07/01.

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