US 10yr future upside risk to 126-195/245
· The stronger Wednesday push above 125-175/18 only allowed for a prod above the cycle high at 125-235, but the anticipated better Thursday follow-through above here sets a still more bullish tone and with the overnight bullish extension leaves risk for further upside activity today and into mid-August.
· The overnight move through the key 126-00 chart/ retrace target has already hit a next minor level at 126-08 on the way to 126-195/245 targets.
· Overshoot risk is now to 127-07, with the secular high at 128-005!
· WHAT CHANGES THIS?
· Below 125-24/23 eases bull risks; through 125-03 signals a neutral tone, only shifting negative below 124-075.
Please see full report with levels and latest screencast here: http://members.marketchartist.com/Daily/us10yr.pdf
4 Hour US 10yr Sept Future Chart
Daily US 10yr Future: Adjusted Continuation Chart