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(Z18) Clawing Back Some........>

US 10YR FUTURE TECHS: (Z18) Clawing Back Some Losses
*RES 4: 120-18 Descending trendline (off May and Aug highs) 
*RES 3: 119-21/27 100-dma/Former range top (Jul/Aug) 
*RES 2: 119-02 Aug 1 low, now resistance 
*RES 1: 118-72 50% 120-24-117-19 
*PRICE: 117-28 @ 06:59 GMT, Oct 5 
*SUP 1: 116-30 Bear channel bottom (continuation chart) 
*SUP 2: 116-20 Breakout target from triangle pattern (continuation chart) 
*SUP 3: 115-46 61.8% Retracement of 103-20+ to 135-29 
*SUP 4: 114-82 Nov 1 2016 high, now support 
After a serious period of weakness 10-year futures are clawing back some of
their losses but the bearish trend remains firmly intact. The bear-channel
bottom comes into play at 116-30, below here opens the breakout target from the
triangle pattern seen over the May-Aug period. Bulls need to overcome the Sep 25
low, now acting as resistance at 118-11. A break above here would open the Aug 1
low at 119-02, ahead of the 100-dma at 119-21.

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