(Z9) Remains Heavy *RES 4:.....>

US 10YR FUTURE TECHS: (Z9) Remains Heavy

*RES 4: 131-24 High Oct 4

*RES 3: 130-16+ 50-DMA

*RES 2: 130-07+ High Oct 16 and key resistance

*RES 1: 129-31 High Oct 25

*PRICE: 129-11 @ 18:44 GMT, Oct 30

*SUP 1: 129-01+ Low Sep 19

*SUP 2: 128-24 Low Sep 16

*SUP 3: 128-16 Low Sep 13 and primary support

*SUP 4: 128-04 1.000 projection of Sep 3 - Sep 13 decline from Oct 4 high

10yr futures are still seen likely to remain under pressure near-term and extend

the decline that began on Oct 4. Recent moves lower have seen prices trade

through the 100-dma, paving the way for 128-31 and the key support at 128-16,

Sep 13 low. From a medium-term bearish perspective, a breach of 128-16 would

potentially be significant. On the upside, resistance is seen at 129-31, however

a break of 130-07+ is required to ease the bearish threat.