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(Z18) 21-DMA Holds Again.......>

US 10YR FUTURE TECHS: (Z18) 21-DMA Holds Again
*RES 3: 119-18+ 100-dma
*RES 2: 119-00 Sep 28 high
*RES 1: 118-16 Low Oct 1, down trendline resistance
*PRICE: 118-04+ @ 16:35 GMT, Oct 17
*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 resistance held again and keeps the broader downtrend intact. Bears
continue to target the Oct 8 low at 117-13+ and a break would bring the bear
channel bottom at 116-30 into play. Bulls need to cement a break of the 21-dma,
now at 118-10+, 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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