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

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (H0) Consolidating
*RES 4: 119-13 High Dec 4
*RES 3: 119-03+ High Dec 5
*RES 2: 118-30+ Dec 12 high and key resistance
*RES 1: 118-24+ Low Dec 6
*PRICE: 118-092 10:03 GMT, Dec 24
*SUP 1: 118-03+ Low Dec 13
*SUP 2: 118-006 1.00 projection of Nov 1 - Nov 7 decline from Dec 3 high
*SUP 3: 118-000 Round number support
*SUP 4: 117-216 1.236 projection of Nov 1 - Nov 7 decline from Dec 3 high
5yr futures outlook is unchanged and bearish with price action consolidating for
now. The bounce on Dec 13 has been viewed as a correction and last week's
pullback is encouraging from a bearish perspective. The recent move below key
support at 118-05, Nov 7 low reinforced a bearish tone and paves the way for
118-006, a Fibonacci projection level and 118-00. On the upside, key resistance
is at 118-30+, Dec 12 high where a break is required to signal a reversal.

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