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(Z18) 119 Cracks *RES 4:.......>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z18) 119 Cracks
*RES 4: 120-20 High Aug 28
*RES 3: 120-00+ 200-dma
*RES 2: 119-30 23.6% 128-03+ - 117-13+
*RES 1: 119-16 100-dma
*PRICE: 118-31 @ 16:39 GMT, Oct 26
*SUP 1: 118-07+ 21-dma
*SUP 2: 117-13+ Low Oct 8
*SUP 3: 116-20 Breakout target from triangle pattern (continuation chart)
*SUP 4: 115-46 61.8% Retracement of 103-20+ to 135-29
10y futures overcame the 119-00 handle for the first time since mid-September
Friday, setting up prices for a further recovery toward the 100-dma at 119-16. A
close above here would strengthen the bullish case and set up markets for a test
of the key Fibo resistance at 119-30 before the 200-dma at 120-00+. Bears need
to close below the 21-dma at 118-07 to shift the outlook bearish again and open
the Oct 8 low at 117-13+.

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