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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: 126-050 - High Sept 20 
*RES 3: 126-040 - High Sept 25, 55-DMA 
*RES 2: 125-230 - Low Sept 25 now resistance 
*RES 1: 125-180 - Hourly resistance Sept 27
*PRICE: 125-130 @ 2130GMT
*SUP 1: 125-100 - Low Sept 27
*SUP 2: 125-070 - Bollinger band base
*SUP 3: 125-040 - Low July 26
*SUP 4: 124-280 - Low July 12
*COMMENTARY: This week's topside failures around the 55-DMA have taken their
toll with fresh 2mth lows and confirmation of focus having returned to the
124-140 July low. O/S daily studies and the Bollinger base remain key concerns
for bears. Layers of resistance are building with bulls needing a close above
125-230 to gain breathing room and a close above 126-090 to hint at a correction
back to 126-270.

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