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US 10YR FUTURE TECHS: (Z18)....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: US 10YR FUTURE TECHS: (Z18) Bearish Signals
*RES 4: 120-18  Descending trendline (off May and Aug highs)
*RES 3: 119-27  Former range top (Jul/Aug)
*RES 2: 119-26  55-DMA
*RES 1: 119-18  Ascending Trendline (off May and Aug lows)
*PRICE: 119-09  @ 09:35 GMT, Sep 17
*SUP 1: 119-06  Ascending trendline (off Jun and Aug lows)
*SUP 2: 119-02  Low Aug 1
*SUP 3: 118-29+ Low Jun 13 (Continuous contract)
*SUP 4: 118-10+ Low May 17 (Continuous contract)
Last week's delines in 10-year Tsy futures keep the focus lower this week with
the Aug 1 low at 119-02 likely to be tested. Outright bearish signals remain
with next support at the June lows at 118-29+ (continuous contract), ahead of
the May lows at 118-10+ (Continuous contract). Bulls initially need to reclaim
the 55-DMA at 119-26 to shift the outlook back to neutral and attempt to recover
the triangle top at 120-18.

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