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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: 130-16+ @ 10:22 GMT, Oct 11
*SUP 1: 130-16 50-dma
*SUP 2: 130-14 Low Oct 2
*SUP 3: 129-20 Low Oct 1 and key near-term support
Treasuries got a decent bullish signal from clearing the final retracement
hurdle last week at 131-15+, but this strength has dissipated materially over
the past few sessions. This pattern extended early Friday. The longer-term
needle does continue to point higher, however, but the contract high at 132-13
is looking more distant. Bulls now need to break 132-13 to confirm a resumption
of the primary uptrend and open Fibonacci projections at 132-22 and 132-30+. The
50-dma marks initial support.

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