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(Z9) Engages Pullback Mode.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z9) Engages Pullback Mode
*RES 3: 132-13 Contract high, Sep 3
*RES 2: 132-07+ High Sep 5
*RES 1: 132-01 High Oct 4
*PRICE: 130-00 @ 15:15 GMT, Oct 11
*SUP 1: 129-26 Low Oct 11
*SUP 2: 129-20 Low Oct 1 and key near-term support
*SUP 3: 129-12 Low Sep 20
Treasuries embraced pullback mode Friday, falling cleanly through the 50-dma and
re-engaging downside targets at 129-20 and, ultimately, the 100-dma at 128-26+.
This negates the decent bullish signal last week on the rise through 131-15+.
Over the longer-term, the needle does continue to point higher, but the contract
high at 132-13 is a distant thought. 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+. 100-dma is the downside target.

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