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(Z18) 21-DMA Back In Focus.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z18) 21-DMA Back In Focus
*RES 4: 120-20 High Aug 28 
*RES 3: 119-27+ 200-dma 
*RES 2: 119-13 100-dma 
*RES 1: 119-00 Sep 28 high 
*PRICE: 118-10+ @ 06:08 GMT, Nov 2 
*SUP 1: 118-08+ 21-dma 
*SUP 2: 117-13+ Low Oct 8 
*SUP 3: 116-20 Breakout target from triangle pattern (continuation chart) 
*SUP 4: 115-26 61.8% Retracement of 103-20+ to 135-15+ 
The 21-dma is coming into focus once again as 10-year futures come under
pressure from recovering global risk appetite. Below here would re-ignite the
longer-term downtrend, opening the Oct 8 cycle low at 117-13+, below which lies
the breakout target from the triangle pattern down at 116-20. Bulls need a close
back above 119 to re-establish control, before challenging the 100 & 200-dma's
at 119-13/27+.

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