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Free Access(Z17) 117-137/212 Resistance....>
US 5YR FUTURE TECHS: (Z17) 117-137/212 Resistance Region Key
*RES 4: 117-212 - High Oct 4
*RES 3: 117-180 - High Oct 5
*RES 2: 117-157 - Hourly resistance Oct 5
*RES 1: 117-137 - High Oct 6, Daily Bear channel top
*PRICE: 117-100 @ 0930GMT
*SUP 1: 117-090 - Hourly support Oct 9
*SUP 2: 117-035 - Low July 7
*SUP 3: 117-030 - Bollinger band base
*SUP 4: 116-190 - Daily Bear channel base
*COMMENTARY: Follow through was lacking Friday with the contract bouncing from
ahead of the 117-035 July 7 low. Layers of resistance remain an issue for bulls
who now need a close above 117-137 to gain breathing room and above 117-212 to
shift focus to key DMAs 117-245/118-010. Bears now need a close back below
117-090 to retain control and remain focused on the bear channel base. The
Bollinger base is the key concern for bears.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.