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(Z17) Bears Now Need Close.....>

US 10YR FUTURE TECHS: (Z17) Bears Now Need Close Below 124-14
*RES 4: 125-25+ High Oct 13 
*RES 3: 125-16+ Hourly support Oct 16 now resistance 
*RES 2: 125-05+ Hourly support Oct 19 now resistance 
*RES 1: 125-01+ Hourly resistance Oct 20
*PRICE: 124-21+ @ 0430GMT
*SUP 1: 124-18 Low Oct 6
*SUP 2: 124-14 Monthly Lows July 6 & 7
*SUP 3: 124-12+ Daily Bear channel base A
*SUP 4: 123-15+ Daily Bear channel base B
*COMMENTARY: Resistance layers continue to build and weigh following last week's
failure ahead of the 125-16+ resistance and the bear channel top (125-04+).
Bulls currently need a close above 125-05+ to gain breathing room and above
125-16+ to return focus to 125-25+/126-09 where 55 & 100-DMAs are situated.
Bears initially focus on 124-12+/14 and then the channel base (123-15+) off Sept
highs. The Bolli base (124-22+) is the key concern for bears.

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