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(Z9) Inching Higher *RES 4:....>

US 10YR FUTURE TECHS: (Z9) Inching Higher
*RES 4: 131-02+ 76.4% retracement of Oct 4 - Nov 7 decline
*RES 3: 130-26 High Oct 11
*RES 2: 130-15+ High Nov 1 and key bull trigger
*RES 1: 130-02 High Nov 21
*PRICE: 129-20 @ 11:35 GMT, Nov 26
*SUP 1: 129-03+ Former channel top drawn off the Oct 7 high
*SUP 2: 128-31 Low Nov 18
*SUP 3: 128-10+ Low Nov 13
*SUP 4: 127-31+ Low Nov 7 and bear trigger
10yr futures remain off last weeks high of 130-02 but have recovered some ground
so far this week. A bullish outlook remains intact following the breach last
week of the bear channel resistance drawn off the Oct 8 high. The focus is on
resistance at 130-15+, Nov 1 high and the next key hurdle for bulls. On the
downside, key support remains 128-31, Nov 18 low where a break is required to
instead highlight a bearish threat once again. Bullish for now!

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