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(H0) Consolidating *RES 4:......>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (H0) Consolidating
*RES 4: 119-272 0.764 projection off Nov 7 - Nov 21 rally from Dec 2 low
*RES 3: 119-19+ High Nov 1
*RES 2: 119-152 High Dec 3 and bull trigger
*RES 1: 119-002 High Dec 6
*PRICE: 118-256 11:15 GMT, Dec 12
*SUP 1: 118-166 Low Dec 6
*SUP 2: 118-15 76.4% retracement of the Nov 7 to Dec 3 rally
*SUP 3: 118-112 Low Nov 13
*SUP 4: 118-08 Nov 12 low
5yr futures were stronger yesterday however price remains within this weeks
range. The break of support at 118-202, Dec 2 low last Friday negates the
bullish implications of the Dec 3 recovery and highlights a bearish risk that
has exposed 118-15, 76.4% of the rally between Nov 7 and Dec 3. A breach here
would open 118-112 and 118-08, Nov 13 and 12 lows respectively. Initial
resistance is the Dec 6 high of 119-002, a break is needed to alter the picture.

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