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(Z9) Extends This Weeks........>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z9) Extends This Weeks Recovery
*RES 4: 131-24 High Oct 4
*RES 3: 130-15+ 50-DMA
*RES 2: 130-07+ High Oct 16 and key resistance
*RES 1: 129-31 High Oct 25
*PRICE: 129-28+ @ 10:54 GMT, Oct 31
*SUP 1: 129-01+ Low Oct 28/29
*SUP 2: 128-31 Low Sep 17
*SUP 3: 128-16 Low Sep 13 and primary support
*SUP 4: 128-04 1.000 projection of Sep 3 - Sep 13 decline from Oct 4 high
10yr futures extend this weeks recovery off 129-01+, Oct 28/29 lows. For now,
the move higher is being viewed as a correction with key near-term resistance at
130-07+. Recent weakness is seen paving the way for a move lower towards 128-31
and the key support at 128-16, Sep 13 low. From a medium-term bearish
perspective, a breach of 128-16 would be potentially significant. 129-31 marks
initial resistance.

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