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(Z18) Gains Proved.............>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z18) Gains Proved Short-Lived
*RES 4: 120-18 Descending trendline (off May and Aug highs) 
*RES 3: 119-27 Former range top (Jul/Aug) 
*RES 2: 119-25 100-DMA 
*RES 1: 119-11+ Ascending Trendline (off May and Aug lows) 
*PRICE: 119-05 @ 06:59 GMT, Sep 17 
*SUP 1: 118-31+ Low Sep 17 (Z18) 
*SUP 2: 118-29+ Low Jun 13 (Continuous contract) 
*SUP 3: 118-10+ Low May 17 (Continuous contract) 
*SUP 4: 117-05+ 76.4% Retracement of 111-12+ to 135-29 
After reaching as high as 119-10+ yesterday following a spike in risk-off
sentiment over US tariffs and Chinese imports, the contract closed weak to keep
the focus on the downside. Next support remains June 13th low (on the continuous
contract) at 118-29+. Bulls initially need to reclaim the 100-DMA, before
challenging descending trendline resistance at 120-18.

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