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(Z17) Key 124-155 Support......>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z17) Key 124-155 Support Holds And Triggers Bounce
*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: 125-080 Series hourly highs Nov 9
*PRICE: 125-030 @1205GMT
*SUP 1: 124-210/240 Hourly support
*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 attention this week and
with near term conditions now oversold, there is encouragement for some
recovery. How much will be gauged by the reaction to firstly 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 124-240/124-210
protects that still key 124-155 level.

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