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(U9) Resumes Uptrend *RES 3:...>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U9) Resumes Uptrend
*RES 3: 127-28+ Sep 8 2017 high
*RES 2: 127-26+ 61.8% 134-07+-117-13+
*RES 1: 127-15 Jun 3 high
*PRICE: 127-04 @ 16:18 GMT, Jun 5
*SUP 1: 125-06+ May 30 low
*SUP 2: 124-05/01 50-dma/May 21 low
*SUP 3: 123-20 38.2% 117-13+-127-15
After a soft session Tuesday, Treasury futures managed to pullback some of the
losses Wednesday, but the week's best levels at 127-15 look out of reach for
now. Bulls look to close above the 127 handle to return the focus to Monday's
range highs at 127-15. Above here opens the 61.8% retracement & Sep 8 2017 high
at 127-26+/28+ on the continuation chart. Bears need to clear the May 30 low to
suggest a downside reversal, below here opens the 50-dma & May 21 low at
124-05/01.

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