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(Z9) Starting to look more.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z9) Starting to look more neutral
*RES 3: 133-04+ High Jul 29 2016
*RES 2: 132-25 1.0% 10-dma envelope
*RES 1: 132-09 Weekly High
*PRICE: 131-22+ @ 15:46 BST, Aug 30
*SUP 1: 129-12 Low Aug 8
*SUP 2: 128-24+ 50-dma
*SUP 3: 128-14+ Low Aug 2
Bullish momentum faded further Friday, pressing prices comfortably toward the
bottom end of the week's range. A break below 130-16 would be needed to shift
the outlook resolutely more bearish, which would open early August lows at
129-12 and the 50-/100-dmas. For bulls to regain their stride, a recovery north
of the week's best levels at 132-09 is needed before momentum can pick up
further. Over the medium-term, bulls remain on the front foot, with the 2016
highs at 134-07+ still a realistic prospect.
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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