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(Z9) Recovery Extends *RES.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z9) Recovery Extends
*RES 4: 130-28+ 61.8% retracement of Oct 4 - Oct 29 decline
*RES 3: 130-26 High Oct 11
*RES 2: 130-19 High Oct 14
*RES 1: 130-15+ High Nov 1
*PRICE: 130-01 @ 16:01 GMT, Nov 1
*SUP 1: 129-17 Low Oct 31
*SUP 2: 129-01+ Low Oct 28/29
*SUP 3: 128-31 Low Sep 17
*SUP 4: 128-16 Low Sep 13 and primary support
10yr futures yesterday extended this weeks recovery off 129-01+, Oct 28/29 lows,
hitting 130-15+ just ahead of payrolls. Importantly, this week's gains cleared
resistance at 130-07+, the Oct 16 high. The next band of resistance comes in at
130-19 and 130-26, Oct 14/11 highs respectively. A move above these levels would
open 130-28+, 61.8% retracement of the Oct 4 - Oct 29 decline. The 76.4% level
is at 131-10+. Initial support lies at 129-17, the Thursday low.

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