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(Z17) 125-16+ Resistance.......>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z17) 125-16+ Resistance Confirms Significance
*RES 4: 126-01+ 55-DMA 
*RES 3: 125-29+ 100-DMA 
*RES 2: 125-25+ High Oct 13 
*RES 1: 125-16+ Hourly support Oct 16 now resistance
*PRICE: 125-05 @ 0430GMT
*SUP 1: 125-01+ Low Oct 17
*SUP 2: 124-31 Hourly support Oct 9
*SUP 3: 124-27+ Bollinger band base
*SUP 4: 124-22+ Low Oct 6
*COMMENTARY: The aggressive recovery from ahead of 125-01+ has so far remained
capped ahead of the 125-16+ resistance and the bear channel top (125-12+). Bulls
need a close above125-16+ to ease bearish pressure and return focus to
125-25+/126-09 where 55 & 100-DMAs are situated. Bears now need a close below
124-31 to confirm focus on 124-14/22+ where July lows are situated. Note the
channel base comes in around 123-23+.

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