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(Z18) August Lows In Sight.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z18) August Lows In Sight
*RES 4: 120-24 High Aug 22 
*RES 3: 120-18 Descending trendline (off May and Aug highs) 
*RES 2: 119-26+ 55-DMA 
*RES 1: 119-19 Low Sep 7 
*PRICE: 119-12+ @ 6:00 GMT 
*SUP 1: 119-06 Low Aug 8 
*SUP 2: 119-02 Low Aug 1 
*SUP 3: 118-22+ Low May 22 
*SUP 4: 118-00 Low May 17 
Bulls failed to hold onto gains above 119-16 which keeps the focus on the
downside and at the Aug 8 lows ahead of the key Aug 1 lows at 119-02. A break
below here would open up a return to the May lows and suggests a continuation of
the broader bearish trend. Bulls need to recover the 55-dma at 119-26+ to shift
the outlook back to neutral and attempt to recover the triangle top at 120-18.

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