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(Z9) 100-DMA Continues To.......>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (Z9) 100-DMA Continues To Hold
*RES 4: 120-172 1.382 projection of rally between Sep 13 - Sep 24 from Oct 1 low
*RES 3: 120-13 Contract high Sep 4 and bull trigger
*RES 2: 120-09+ High Oct 3
*RES 1: 119-13 50-DMA
*PRICE: 118-30+ 10:08 GMT, Oct 21
*SUP 1: 118-237/192 Low Oct 17/100-DMA
*SUP 2: 118-15 Low Sep 19
*SUP 3: 118-03 Low Sep 13
*SUP 4: 117-22 Low July 31
5yr futures continue to hold above the 100-dma at 118-192 but erosion below key
support at 118-25 continues to weaken technical outlook. Break below 100-dma
puts pressure on 118-15 ahead of 118-03. To revisit contract highs at 120-13,
markets need to reclaim the 120-00 level, which looks a tough task from here.

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