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(Z9) Payrolls bounce defies....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z9) Payrolls bounce defies shift to bearish outlook
*RES 3: 134-07+ High Jul 6 2016
*RES 2: 133-04+ High Jul 29 2016
*RES 1: 132-23 3% Upper Bollinger Band
*PRICE: 131-10+ @ 17:52 BST, Sep 6
*SUP 1: 129-12 Low Aug 8
*SUP 2: 129-02+ 50-dma
*SUP 3: 128-14+ Low Aug 2
Downside pressure extended headed into the Friday Payrolls release, threatening
to cement the outlook more negative. The poor turnout from the nonfarm payrolls
headline defied those looking for lower levels, as Treasuries returned to more
familiar levels and comfortably above 131-00. This keeps the outlook more
neutral headed into the new week, with key support at the 129-28-130-00 levels
in tact for now. For bulls to wrest control, a recovery back above 132-00 is
needed ahead of any test on vol band resistance at 132-23.

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