US 10YR FUTURE TECHS: (Z6) Bear Flag

* RES 4: 108-27+ High Aug 13 * RES 3: 108-15+ High Aug 28 * RES 2: 107-20+ 50-day EMA * RES 1: 106-12/106-24+ High Sep 14 / 20-day EMA * PRICE: 106-02+ @ 11:20 BST Sep 23 * SUP 1: 105-21 Low Sep 15 and 16 * SUP 2: 105-10+ Low Oct 19 2023 (cont.) * SUP 3: 105-00+ 2.382 proj of Jun 30 - Jul 14 - 17 price swing * SUP 4: 104-25+ 2.500 proj of Jun 30 - Jul 14 - 17 price swing Treasuries remain in consolidation mode - for now. The latest pause means price continues to trade closer to its recent and the sideways move highlights a flag formation - a bearish continuation pattern. This reinforces a bearish theme. A resumption of the downtrend would open 105-10+, the Oct 19 '23 low on the continuation chart. Initial firm resistance is 106-24+, at the 20-day EMA.