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(Z9) Bullish Conditions........>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z9) Bullish Conditions Still Apparent, But Weakening
*RES 3: 132-13 Contract high, Sep 3
*RES 2: 132-07+ High Sep 5
*RES 1: 132-01 High Oct 4
*PRICE: 131-10 @ 10:19 GMT, Oct 9
*SUP 1: 131-01+ Low Oct 3
*SUP 2: 130-14 Low Oct 2
*SUP 3: 129-20 Low Oct 1 and key near-term support
Having cleared the final retracement hurdle last week at 131-15+, 76.4% of the
decline between Sep 3 and Sep 13, bullish conditions remain in place for 10yr
futures. Nonetheless, prices have been horizontal since then, providing few
fresh technical signals. The needle continues to point higher, keeping attention
on the contract high of 132-13. A break of 132-13 would confirm a resumption of
the primary uptrend and open Fibonacci projections at 132-22 and 132-30+.
Tuesday's low of 131-06+ marks initial support.

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