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(Z0) Finds Support

  • RES 4: 140-11 Aug 4 high and major resistance
  • RES 3: 139-29+ 76.4% retracement of the Aug 4 - 28 decline
  • RES 2: 139-29 High Sep 3 and the bull trigger
  • RES 1: 139-23 High Sep 14
  • PRICE: 139-15+ @ 11:32 BST Sep 17
  • SUP 1: 139-00 Low Sep 4
  • SUP 2: 138-18+ Low Aug 28 and the bear trigger
  • SUP 3: 138-10+ 1.000 proj of Aug 4 - 14 sell-off from Sep 3 high
  • SUP 4: 137-30+ 1.236 proj of Aug 4 - 14 sell-off from Sep 3 high
Treasuries appear to have found some support for now with yesterday's low of 139-10+ holding. A bullish outlook is maintained with attention on Monday's 139-23 high and the more pertinent resistance at 139-29, Sep 3 high. Clearance of this hurdle would expose the Aug high of 140-11. A move below support at 139-00 would be bearish and instead open 138-18+, Aug 28 low and a key bear trigger..

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