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(Z18) Bearish Trend Below......>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z18) Bearish Trend Below 21-DMA
*RES 4: 120-20  Aug 28 high
*RES 3: 119-25+ 200-dma
*RES 2: 119-12  100-dma
*RES 1: 119-00  Sep 28 high
*PRICE: 118-06  @ 10:26 GMT, Nov6
*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 continue to hold below the 21-dma at 118-09+ to keep the
outright bearish trend intact. Bears focus on the Oct 8 low of 117-13+, below
here opens the breakout target from the triangle pattern at 116-20. Bulls need
to recover the 21-dma to stabilise the outlook and close back above 119 to
re-establish control, before challenging the 100 & 200-dma's at 119-12/25+.

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