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(Z17) Key 124-155 Holds But....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z17) Key 124-155 Holds But 125-080 Still Caps Recovery
*RES 4: 125-255 Oct 13 high
*RES 3: 125-195 38.2% Fibo of 127-285/124-060
*RES 2: 125-150/160 Nov 7, Oct 19 highs
*RES 1: 125-050/080 Series hourly highs in November
*PRICE: 124-315 @0900GMT
*SUP 1: 124-190 Nov 21 low
*SUP 2: 124-155/160 Hourly basing area Oct 25-26, Nov 14 low
*SUP 3: 124-060/065 Oct 25, Mar 29 lows
*SUP 4: 123-235 76.4% Fibo of 122-145/127-285
*COMMENTARY* The key 124-155 support level has withstood pressure this month
thereby offering some encouragement for a recovery. How much will be gauged by
the reaction to firstly 125-050/125-080 resistance and then the 125-150/125-195
region. Above the latter would trigger a better correction of losses from the
Sep 8 high at 127-285. Meanwhile 124-190 now protects that still key 124-155
level.

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