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(Z18) 21-DMA Caps Topside......>

US 10YR FUTURE TECHS: (Z18) 21-DMA Caps Topside Gains
*RES 3: 119-19+ 100-dma
*RES 2: 119-00 Sep 28 high
*RES 1: 118-16 Low Oct 1, down trendline resistance
*PRICE: 118-06 @ 16:39 GMT, Oct 15
*SUP 1: 117-13+ Low Oct 8
*SUP 2: 116-30 Bear channel bottom (continuation chart)
*SUP 3: 116-20 Breakout target from triangle pattern (continuation chart)
The 21-dma at 118-14 continues to cap gains and is growing in importance for
bulls, who need to break and close higher to stall the (somewhat weakening)
downtrend. Bears look to return to the Oct 8 low at 117-13+, below which the
bear channel bottom at 116-30 comes into play. Bulls need a break of the 21-dma
as well as the Oct1 low, at 118-16, to shift the short-term outlook more
positive, opening the Sep 28 high at 119-00. Above here would mark a significant
improvement in the longer-term outlook.

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