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(Z18) 21-DMA Counters *RES.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z18) 21-DMA Counters
*RES 4: 120-20  Aug 28 high
*RES 3: 119-24  200-dma
*RES 2: 119-11  100-dma
*RES 1: 119-00  Sep 28 high
*PRICE: 117-28+ @ 10:33 GMT, Nov 8
*SUP 1: 117-13+ Oct 8 low
*SUP 2: 116-20  Breakout target from triangle pattern (continuation chart)
*SUP 3: 115-26  61.8% Retracement of 103-20+ to 135-15+
*SUP 4: 114-21  Aug 7 2007 low
10-year futures were unable to break back above the 21-dma yesterday, allowing
bears to push back below the 118-00 level. Immediate focus turns to the Oct 8
low at 117-13+ to resume the downtrend, below here opens the breakout target
from the triangle pattern at 116-20. Bulls focus turns toward the 21-dma at
118-10, a break above here opens the Sep 28 high 119-00, ahead of the 100 &
200-dma's at 119.11/24.

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