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(Z17) Bulls Need Close Above...>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z17) Bulls Need Close Above 125-230
*RES 4: 126-040 - High Sept 25, 55-DMA 
*RES 3: 125-230 - Low Sept 25 now resistance 
*RES 2: 125-190 - High Oct 4 
*RES 1: 125-140 - High Oct 5
*PRICE: 125-050 @ 2030GMT
*SUP 1: 125-010 - Low Oct 3
*SUP 2: 124-280 - Low July 12
*SUP 3: 124-200 - Bollinger band base
*SUP 4: 124-140 - Monthly Lows July 6 & 7
*COMMENTARY: The contract remains heavy with sellers continuing to emerge on
bounces back towards the key 125-230 resistance. Bulls continue to look for a
close above this level to hint at a move back to 126-040/090. While 125-230 caps
bears retain the upper hand and initially focus on 124-280/125-010 with below
124-280 focusing on July lows. Momentum has corrected and is well placed for a
fresh leg lower.

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