(Z18) Well Within Yesterday's...>

US 5YR FUTURE TECHS: (Z18) Well Within Yesterday's Range ***CORRECT TAG***

*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 sharp gains seen late Wednesday, keeping the

short-term balance in favour of the bulls after the equity market rout mid-week.

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

this week, few medium-term key resistance levels were taken out, leaving the

medium-term picture broadly neutral, but bulls will be regaining confidence.

Daily momentum indicators remain entirely negative, keeping focus on the recent

cycle lows of 111-26+ for bears.