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(U9) Bulls Targeting Cycle.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U9) Bulls Targeting Cycle High
*RES 4: 131-00 Nov 9 2016 High
*RES 3: 130-08+ 76.4% 134-07+ - 117-13+
*RES 2: 128-24+ Upper Bollinger band (3%)
*RES 1: 128-14 Jul 3 high
*PRICE: 127-20+ @ 10:35 BST, Jul 19
*SUP 1: 126-19/15+ 50-dma/Jun 11 low
*SUP 2: 125-06+/124-29 May 30 low/100-dma
*SUP 3: 124-05+/01 May 21 low/38.2% 117-13+-128-14
The short-term uptrend in treasury futures continued Thursday, with the 10-Yr
registering its third straight session of gains. Former trendline
resistance-turned-support drawn off the May 3 low crosses today at 127-05. A
weekly close above returns the focus to the Jul 3 ytd high at 128-14. Any move
through here opens the potential of a run at multi-year highs of 131-00. The May
30 low provides support at 125-06+.

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