(Z18) Well Within..............>

US 10YR FUTURE TECHS: (Z18) Well Within Yesterday's Range

*RES 3: 113-07+ 100-DMA

*RES 2: 113-00 Bottom of Triangle beginning May

*RES 1: 112-28 50% 113-277-111.28

*PRICE: 112-052 @ 10:14 GMT, Oct 12

*SUP 1: 111-07+ Oct 14 2008 low

*SUP 2: 110-30 61.8% 102-26-125-00

*SUP 3: 109-042 Sep 30 2008 low

Thursday trade largely held the gains seen late Weds, keeping the short-term

balance in favour of the bulls after the equity market rout. 112-117 was the

high watermark, and that remains the initial upside target after prices ebbed

lower across the Friday Asia-Pac session. Despite the surge higher, few

medium-term resistance levels have broken, leaving the medium-term picture

broadly neutral, but bulls will be regaining confidence. Daily momentum

indicators remain entirely negative, keeping focus on cycle lows of 111-26+ for

bears. Below there, bears target the Oct 14 2008 low at 111-07+ and 110-30.