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(Z18) 21-DMA Still Capping.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z18) 21-DMA Still Capping Gains
*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: 118-03 @ 06:45GMT, 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 
Yesterday's recovery faced resistance at the 21-dma which is proving a tough
obstacle for bulls to overcome. Below here keeps the focus on the Oct 8 low at
117-13+ and 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. Above here
would mark a significant improvement in the longer-term outlook.

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