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(Z18) Holding On To............>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z18) Holding On To Uptrends...For Now
*RES 4: 120-24 High Aug 22
*RES 3: 120-20 Descending trendline (off May and Aug highs)
*RES 2: 119-27 Former range top (Jul/Aug)
*RES 1: 119-25 100-DMA
*PRICE: 119-19 @ 09:56 GMT, Sep 10
*SUP 1: 119-16 Ascending Trendline (off May and Aug lows)
*SUP 2: 119-06 Ascending trendline (off Jun and Aug lows)
*SUP 3: 119-02 Low Aug 1
*SUP 4: 118-29+ Low Jun 13 (Continuous contract)
Friday's sharp drop has the 10-Yr contract facing a test of trendline support at
119-16 (off May and Aug lows) in the coming sessions, a break through which
would set up a move to next support at the bottom of the Jun-Sep trading range
at 119-06. Even if the contract holds the latter, the break of the former
implies a much weaker uptrend going forward for bulls. In the event both fail to
hold, bears will eye up support at the lows of Aug (119-02) and Jun (118-29+).

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