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(Z18) Losing Momentum *RES.....>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (Z18) Losing Momentum
*RES 4: 120-20  High Aug 28
*RES 3: 119-28  200-dma
*RES 2: 119-13+ 100-dma
*RES 1: 119-00  Sep 28 high
*PRICE: 118-18  @ 10:24 GMT, Oct 31
*SUP 1: 118-07  21-dma
*SUP 2: 117-13+ Low Oct 8
*SUP 3: 116-20  Breakout target from triangle pattern (continuation chart)
*SUP 4: 115-26  61.8% Retracement of 103-20+ to 135-15+
The 21-dma comes into view following this morning's early European losses,
shifting focus back to the downside. A break of 118-07 re-ignites the
longer-term downtrend, opening the Oct 8 cycle low at 117-13+, below which lies
the breakout target from the triangle pattern down at 116-20. Bulls need a close
back above 119 to re-establish control, before challenging the 100 & 200-dma's
at 119-13+/28.

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