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(U9) Looking to Close Flat.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U9) Looking to Close Flat
*RES 4: 130-08+ 76.4% 134-07+-117-13+
*RES 3: 127-28/28+ Upper Bollinger band (2%)/Sep 8 2017 high
*RES 2: 127-26+ 61.8% 134-07+-117-13+
*RES 1: 127-19+ Jun 7 high
*PRICE: 126-21 @ 15:37 GMT, Jun 11
*SUP 1: 125-06+ May 30 low
*SUP 2: 124-11+/01 50-dma/May 21 low
*SUP 3: 123-23 38.2% 117-13+-127-19+
*SUP 4: 123-12+/30 100-dma/May 3 low
With momentum indicators continuing to look stretched, Treasury futures took a
breather Tuesday, touching the week's lowest levels at 126-15+ before staging a
(very) modest recovery. Near-term support remains at 125-06+ from the May 30
low, below here brings the 50-dma & May 21 low back into view at 124-11+/01.
Bulls need to clear recent cycle highs to reignite the uptrend, before
challenging the 61.8% retracement level & Sep 8 2017 high at 127-26+/28+.

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