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(Z18) Downtrend Resumes *RES...>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z18) Downtrend Resumes
*RES 4: 120-18 Descending trendline (off May and Aug highs) 
*RES 3: 119-18+ 100-dma 
*RES 2: 119-00 Sep 28 high 
*RES 1: 118-09 21-dma 
*PRICE: 117-27+ @ 06:32 GMT, Oct 18 
*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 
The 118 level gave way with ease yesterday returning the focus to the Oct 8 low
at 117-13+. Below here brings 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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