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(Z9) Holding Below 50-DMA......>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z9) Holding Below 50-DMA
*RES 4: 132-13 Contract high, Sep 3
*RES 3: 132-07+ High Sep 5
*RES 2: 131-24 High Oct 10
*RES 1: 130-24 50-dma
*PRICE: 130-06 @ 11:01 GMT, Oct 16
*SUP 1: 129-225 Low Oct 15
*SUP 2: 129-20 Low Oct 1 and key near-term support
*SUP 3: 129-12 Low Sep 20
*SUP 4: 129-08 100-dma
Still holding below the 50-dma with downside targets at 129-20 and, ultimately,
100-dma at 128-30 at risk. This negates the decent bullish signal last week on
the rise through 131-15+. Over the longer-term, the needle continues 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 at 129-08 is the downside target.

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