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(Z18) Falters Near the Highs...>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z18) Falters Near the Highs
*RES 4: 121-12+ High May 31
*RES 3: 120-20 Aug 28 high
*RES 2: 119-27+ Low Aug 29
*RES 1: 119-20+ 200-dma
*PRICE: 119-04+ @ 15:43 GMT, Nov 21
*SUP 1: 118-15+ 50-dma
*SUP 2: 117-13+ Oct 8 low
*SUP 3: 116-20 Breakout target from triangle pattern (continuation chart)
*SUP 4: 115-26 61.8% Retracement of 103-20+ to 135-15+
10-year futures failed to build on gains seen yesterday, pulling lower alongside
the modest recovery in US stocks. Nonetheless, the uptrend remains intact above
the 50-dma at 118-15+. Bulls focus on the 200-dma at 119-20+, a break of which
would target the Aug 29 low at 119-31. Bears look for a close below the 50-dma
at 118-15+ to regain the upper hand, returning focus to the Oct 8 low at
117-13+, ahead of the breakout target from the triangle pattern at 116-20.

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