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(U9) Bulls in Control *RES.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U9) Bulls in Control
*RES 4: 131-00     Nov 9 2016 High
*RES 3: 130-08+    76.4% 134-07+ - 117-13+
*RES 2: 128-22+    Upper Bollinger band (3%)
*RES 1: 128-14     Jul 3 high
*PRICE: 127-17     @ 10:28 BST, Jul 22
*SUP 1: 126-21/15+ 50-dma/Jun 11 low
*SUP 2: 125-06+    May 30 low
*SUP 3: 124-31     100-dma
*SUP 4: 124-05+/01 May 21 low/38.2% 117-13+-128-14
10-Yr futures rejected a break of the 128-00 level on Friday, with a minor
retracement to the 127-10/15 area. Despite this, the hold above former trendline
resistance-turned-support drawn off the May 3 low is an encouraging sign for
bulls. Upside focus remains on a break of the Jul 3 high & 3% upper Bollinger
band at 128-14/22+. Any move through here opens the potential of a return to
131-00. The May 30 low provides support at 125-06+.

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