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(H0) Bear Flag *RES 4:..........>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (H0) Bear Flag
*RES 4: 119-192 High Oct 31
*RES 3: 119-166 High Jan 7
*RES 2: 119-00 Round number resistance
*RES 1: 118-282 High Jan 10
*PRICE: 118-252 @ 11:07 GMT, Jan 14
*SUP 1: 118-176 Low Jan 9
*SUP 2: 118-13 Low Dec 30
*SUP 3: 118-056 Low Dec 24
*SUP 4: 118-03+ Low Dec 13 and primary support
The 5yr futures outlook is bearish. The sell-off last Wednesday placed on hold a
recent bullish focus. Price failed to remain above resistance at 119-066, Jan 6
high and the 50-day EMA, an indicator used as a reliable trend signal.
Furthermore, recent price action appears to be a bear flag formation reinforcing
a bearish theme. Scope is seen for a test of 118-13, Dec 30 low where a break
would expose 118-03+, Dec 13 low and key support. Resistance is at 118-282.

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