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(Z9) Mild Gains on the Week....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z9) Mild Gains on the Week
*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: 129-14 @ 15:27 GMT, Nov 22
*SUP 1: 129-08+ Former channel top drawn off the Oct 7 high
*SUP 2: 128-31 Low Nov 18
*SUP 3: 128-10+ Low Nov 13
After edging higher in European hours, 10yr futures returned back to flat ahead
of the Friday close, finishing the week in mild positive territory. This
maintains the bullish outlook following the break earlier this week of the bear
channel resistance drawn off the Oct 8 high. Attention 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 neutralise the
current bullish theme.

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