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(Z9) 132-00 remains an.........>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z9) 132-00 remains an anchor
*RES 4: 134-09 2.0% 10-dma envelope
*RES 3: 134-07+ High Jul 6 2016
*RES 2: 133-04+ High Jul 29 2016
*RES 1: 132-27+ 3% Upper Bollinger Band
*PRICE: 131-25+ @ 11:10 BST, Sep 5
*SUP 1: 129-12 Low Aug 8
*SUP 2: 129-00+ 50-dma
*SUP 3: 128-14+ Low Aug 2
*SUP 4: 127-03 100-dma
10yr futures printed the third session of lower highs Thursday, retaining 132-00
as the near-term anchor. Selling rallies remains the prevalent theme, turning
focus to 131-16+ as the first support. Any move through here opens 131-04+ and
130-11 Fib supports. Nonetheless, a renewed leg higher toward the 133-00 level
on the cards in the medium term, with vol resistance sitting ahead at 132-27+.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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