The 10Y TB formed a positive outside day on Friday but only a daily closing above 131 08 will support higher levels. We have now 130 31 – 130 01 the levels to follow in the coming hours. A daily closing above 130 31 will support higher levels. The indicators of the daily chart are however still below the line and also those of the s/t ones are on the way in negative territory supporting a correction. Last week the move up found good resistance inside the gap down it formed at the start of the year; while below 130 29 we expect therefore lower levels!!
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FUTURE TREND RESEARCH