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(Z9) Maintains Losses on.......>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z9) Maintains Losses on Friday Pullback
*RES 3: 132-13 Contract high, Sep 3
*RES 2: 132-07+ High Sep 5
*RES 1: 132-01 High Oct 4
*PRICE: 130-05 @ 14:34 GMT, Oct 14
*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 held Friday's losses on the whole in a quiet Monday, holding below
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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