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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: 129-28 @ 15:06 GMT, Oct 15
*SUP 1: 129-23 Low Oct 11
*SUP 2: 129-20 Low Oct 1 and key near-term support
*SUP 3: 129-12 Low Sep 20
Despite modestly recovering across the Monday session and early Tuesday,
Treasuries reversed course to return lower ahead of the close as equities
rallied. This keeps Oct 11 lows under pressure at 129-23 which remain the focus
for now. A fall through here re-engages downside targets at 129-20 and,
ultimately, the 100-dma at 128-30. 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 becoming a distant thought.

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