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(Z17) 126-250 Resistance.......>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z17) 126-250 Resistance Keeps Immediate Bias Lower
*RES 4: 127-125 Sep 8 low, now resistance
*RES 3: 127-055 Sep 10 low, now resistance
*RES 2: 127-015 Hourly high Sep 11
*RES 1: 126-250 Sep 13 high
*PRICE: 126-160 @1036GMT
*SUP 1: 126-130 Hourly support
*SUP 2: 126-050/065 50% of 124-140/127-285, Aug 23 low
*SUP 3: 125-240 61.8% Fibo of 124-140/127-285
*SUP 4: 125-215 Aug 16 low
*COMMENTARY* Pullback is below the 9 week bull channel base at 126-265. This was
the protection against a deeper correction of the 124-140/127-285 gains seen
since early July. Have today also lost support from the key 126-180 area, 
beneath which opens up the prospect of a further 126-065/125-240 fall. In the
interim, nearest resistance now comes from 126-250, above would ease immediate
pressure and allow some respite.

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