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(Z17) Bulls Need Close Above...>

US 10YR FUTURE TECHS: (Z17) Bulls Need Close Above 125-230
*RES 4: 126-090 - High Sept 18 
*RES 3: 126-050 - High Sept 20 
*RES 2: 126-040 - High Sept 25, 55-DMA 
*RES 1: 125-230 - Low Sept 25 now resistance
*PRICE: 125-140 @ 0130GMT
*SUP 1: 125-080 - Hourly support Oct 3
*SUP 2: 125-010 - Low Oct 3
*SUP 3: 124-280 - Low July 12
*SUP 4: 124-240 - Bollinger band base
*COMMENTARY: The lack of downside follow through remains a concern for bears
given daily studies correcting from O/S & recent momentum divergence, seeing the
contract correcting back towards 125-230. Bulls now need a close above 125-230
to hint at a move back to 126-040/090. Initial support is now noted at 125-080
with bears needing a close below to gain breathing room and end correction talk.
Below 124-280 would add weight to the bearish case for a test of July lows.

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