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(Z9) Payrolls bounce fades.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z9) Payrolls bounce fades quickly
*RES 3: 133-31 2.0% 10-dma envelope
*RES 2: 133-04+ High Jul 29 2016
*RES 1: 132-20+ 3% Upper Bollinger Band
*PRICE: 131-00 @ 11:18 BST, Sep 9
*SUP 1: 129-12 Low Aug 8
*SUP 2: 129-05 50-dma
*SUP 3: 128-14+ Low Aug 2
The pullback from the payrolls bounce shows a market that continues to eye lower
levels, with sellers in charge early Monday. Key support at the 129-28-130-00
levels remain in tact, but a fall through here would cement the outlook as
negative, but the proximity to the Fed decision in a few weeks' time makes a
reversal in either direction unlikely for now. For bulls to wrest control, a
recovery back above 132-00 is needed ahead of any test on vol band resistance at
132-20+.

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