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(Z18) 21-DMA Holds, For Now....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z18) 21-DMA Holds, For Now
*RES 4: 119-06+ 100-dma
*RES 3: 119-00  Sep 28 high
*RES 2: 118-16+ Oct 1 low
*RES 1: 118-09  21-dma
*PRICE: 118-05+ @ 09:52 GMT, Oct 19
*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)
*SUP 4: 115-46  61.8% Retracement of 103-20+ to 135-29
Thursday's recovery stuttered ahead of 21-dma resistance which remains a tough
obstacle for a bullish breakout. Should spot fail to break above here, markets
will likely keep focus on the Oct 8 low at 117-13+. A break below this level
would bring the bear channel bottom at 116-30 into play. Bulls need a break of
the 21-dma, now at 118-09, to shift the short-term outlook more positive,
opening the Sep 28 high at 119-00. 

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