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(H0) Bearish Outlook *RES 4:....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (H0) Bearish Outlook
*RES 4: 119-13 High Dec 4
*RES 3: 119-03+ High Dec 5
*RES 2: 118-30+ Dec 12 high
*RES 1: 118-166 Low Dec 6
*PRICE: 118-122 11:18 GMT, Dec 13
*SUP 1: 118-006 1.00 projection of Nov 1 - Nov 7 decline from Dec 3 high
*SUP 2: 118-000 Round number support
*SUP 3: 118-112 Low Nov 13
*SUP 4: 117-216 1.236 projection of Nov 1 - Nov 7 decline from Dec 3 high
5yr futures are attempting a recovery today. For now though, the underlying
outlook remains bearish. Yesterday's sharp losses reinforce the bearish theme
and today, futures have also traded below key support at 118-05, Nov 7 low. The
move lower paves the way for weakness towards 118-006, a Fibonacci projection
level and the 118-00 handle. On the upside, resistance is seen at 118-166.

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