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(U9) Probes 130-00 *RES 4:.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U9) Probes 130-00
*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: 130-13    @ 10:27 BST, Aug 13
*SUP 1: 128-14+   Aug 2 low
*SUP 2: 127-27/12 50-dma/Trendline drawn off Apr 17 low
*SUP 3: 125-30+   100-dma
*SUP 4: 125-23    38.2% 117-13+130-27+
The broader risk-averse theme saw US 10-Yr futures close at 130-12 yesterday,
the highest close since Oct 4 2016. This is a significant bullish development
which paves the way for an assault at the Aug 7 ytd high at 130-27+, ahead of
the Jul 2016 highs at 134-07+. Support remains at 128-14+ from the Aug 2 low, a
break opens the 50-dma & trendline drawn off the Apr 17 low at 127-27/12.

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