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(Z18) New Lows Hit *RES 4:.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z18) New Lows Hit
*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: 118-22 38.2% 120-24-117-13+
*PRICE: 117-23 @ 10:24 GMT, Oct 8
*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
Friday's losses have extended into Monday's trading with the 10-year future on
track to target its bear channel bottom on the continuation chart 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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