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(U18) Neutral Outlook Intact...>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U18) Neutral Outlook Intact
*RES 4: 122-19 High Feb 2 (Continuation chart)
*RES 3: 121-02 200-DMA
*RES 2: 121-03 High May 30
*RES 1: 120-24 High Aug 22
*PRICE: 120-105 @ 15:37 GMT
*SUP 4: 120-01 50-DMA
*SUP 2: 119-27 Former range top, now support; also 200-DMA
*SUP 3: 119-22 100-DMA (U18 contract)
*SUP 4: 119-12 Hourly low Aug 8
10-year futures remain range-bound between daily moving averages, with the
200-DMA at 121-02 representing upside resistance if the contract can break the
near-term downtrend which began Aug 22, at 120-15. Support on the downside comes
in the form of 50-DMA at 120-01 which helped form support the last week of
August, next below that at 119-27 which is former range top and now support,
also the 200-DMA.

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