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(Z17) Decline Edges Towards....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z17) Decline Edges Towards A Test Of Key 124-155 Support
*RES 4: 125-150/160 Nov 7, Oct 19 highs
*RES 3: 125-080 Series hourly highs Nov 9
*RES 2: 125-015 Nov 9 low, now resistance
*RES 1: 124-290 Nov 13 high
*PRICE: 124-190 @2211GMT
*SUP 1: 124-155 Hourly basing area Oct 25-26
*SUP 2: 124-060/065 Oct 25, Mar 29 lows
*SUP 3: 123-255 1% volatility band
*SUP 4: 123-235 76.4% Fibo of 122-145/127-285
*COMMENTARY* Unable to sustain a break above the 76.4% Fibo retrace level at
125-135. A high of 125-150 last week and failed to challenge resistance from
between the higher 125-160/125-195 area. The subsequent fall below 125-005 was
the immediate concern, a low of 124-175 so far, with the downside still
protected by the lower 124-155 level. In the meantime, look to 124-290/125-015
for resistance.

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