(Z9) Holding Above 100-DMA......>

US 5YR FUTURE TECHS: (Z9) Holding Above 100-DMA

*RES 4: 120-22 1.500 projection of rally between Sep 13 - Sep 24 from Oct 1 low

*RES 3: 120-172 1.382 projection of rally between Sep 13 - Sep 24 from Oct 1 low

*RES 2: 120-13 Contract high Sep 4 and bull trigger

*RES 1: 120-09+ High Oct 3

*PRICE: 118-27+ 11:02 GMT, Oct 16

*SUP 1: 118-25 Low Oct 1 and key support

*SUP 2: 118-177 100-DMA

*SUP 3: 118-15 Low Sep 19

*SUP 4: 118-03 Low Sep 13

5yr futures continue to hold above the 100-dma at 118-177, but has begun to

challenge key support at 118-25. Overall, the contract still looks rangebound.

To revisit contract highs at 120-13, markets need to reclaim the 120-00 level,

which looks a tough task from here. A break of 120-13 would confirm a resumption

of the uptrend and open 120-172 and 120-22, both Fibonacci projection levels.