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(Z9) Still Underperforming.....>

AUSSIE 10-YEAR TECHS
AUSSIE 10-YEAR TECHS: (Z9) Still Underperforming Short-End
*RES 3: 99.1704 - 2.0% Upper Bollinger Band
*RES 2: 99.1700 - All Time Highs
*RES 1: 99.1300 - Oct 3 high
*PRICE: 99.1200 @ 15:15 GMT, Oct 4
*SUP 1: 98.8041 - 100-dma
*SUP 2: 98.5250 - July low
*SUP 3: 97.9950 - Apr18 Low
10y futures held their ground Friday, helping boost the market (again) to
monthly highs up at 99.13. This keeps the all-time highs as the primary target
for bulls, but the 10y sector of the curve is failing to mimic the price action
seen in 3yr. This may suggest further bullish exhaustion, with a revisit back
below the 99.00 handle likely in the medium-term. Any retracement below the
50-dma should be considered negative and would open the 100-dma and the July
lows at 98.5250.

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