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(Z18) Remains Bearish Below....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z18) Remains Bearish Below 21-DMA
*RES 4: 120-20 Aug 28 high
*RES 3: 119-25+ 200-dma
*RES 2: 119-12 100-dma
*RES 1: 119-00 Sep 28 high
*PRICE: 118-02+ @ 16:33 GMT, Nov6
*SUP 1: 117-13+ Oct 8 low
*SUP 2: 116-20 Breakout target from triangle pattern (continuation chart)
*SUP 3: 115-26 61.8% Retracement of 103-20+ to 135-15+
*SUP 4: 114-21 Aug 7 2007 low
Tuesday price action held below the 21-dma at 118-09+ to keep the outlook
bearish for now, with focus turning to the Oct 8 low of 117-13+. A break below
here opens the breakout target from the triangle pattern at 116-20. Bulls need
to recover the 21-dma to stabilise the outlook and close back above 119 to
re-establish control, before challenging the 100 & 200-dma's at 119-12/25+.

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