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(U9) Holding above the.........>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U9) Holding above the handle
*RES 4: 134-07+ Jul 6 2016 high
*RES 3: 131-23+ Sep 30 2016 high
*RES 2: 131-00 Nov 9 2016 High
*RES 1: 130-27+ Aug 7 high
*PRICE: 130-03+ @ 15:42 BST, Aug 12
*SUP 1: 128-14+ Aug 2 low
*SUP 2: 127-25/12 50-dma/Trendline drawn off Apr 17 low
*SUP 3: 125-28 100-dma
*SUP 4: 125-23 38.2% 117-13+130-27+
The pullback off cycle highs based at 129-12 on Thursday, but failed to close
the week above 130-00 which would have been a significant bullish development.
The 10y charted a shooting star candlestick on the weekly charts which is a
bearish reversal pattern. Immediate support is seen at 128-14+ from the Aug 2
low, a break opens the 50-dma & trendline drawn off the Apr 17 low at 127-25/12.
Resistance remains from the Aug 7 high & 131-00 level.

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