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(U9) Consolidating Trend.......>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U9) Consolidating Trend
*RES 4: 131-00      November 9 2016 High
*RES 3: 130-08+     76.4% 134-07+ - 117-13+
*RES 2: 128-13+     Upper Bollinger band (2%)
*RES 1: 128-08+     Cycle high Jun 20
*PRICE: 127-28      @ 16:16 BST, Jun 28
*SUP 1: 125-14+/06+ 50-dma/May 30 low
*SUP 2: 124-05/04   100-dma/38.2% 117-13+-128-08+
*SUP 3: 124-01      May 21 low
*SUP 4: 122-30      May 3 low
Despite signs of bullish exhaustion emerging yesterday, the 10-Yr remains locked
in its short-term trend channel. Technical indicators remain positive with
topside focus on a break of the recent cycle high at 128-08+, above here opens a
run at the psychological 130-00 level. On the downside, any move through the
channel base could trigger a short term reversal toward the 50-dma & May 30 low.

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