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(Z17) Bears Focused On July....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z17) Bears Focused On July Low
*RES 4: 126-010 - 55-DMA 
*RES 3: 125-300 - Low Sept 19 now resistance 
*RES 2: 125-270 - 100-DMA 
*RES 1: 125-230 - Hourly resistance Sept 20
*PRICE: 125-210 @ 0430GMT
*SUP 1: 125-170 - Low Aug 8 & Sept 20
*SUP 2: 125-040 - Low July 26 
*SUP 3: 125-030 - Daily Bear channel base
*SUP 4: 124-280 - Low July 12
*COMMENTARY: The sell-off from 127-280 continues with the close below the
100-DMA & 55-WMA (125-260) confirming immediate focus on the 125-170 support and
overall focus on 124-140 July lows. O/S daily studies and the Bollinger base
(125-180) remain key concerns for bears. In saying that, layers of resistance
continue to build with bulls now needing a close above 125-300 to ease bearish
pressure and above 126-090 to hint at a correction to 126-270.

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