(H0) Firmer Tone Intact *RES....>

US 5YR FUTURE TECHS: (H0) Firmer Tone Intact

*RES 4: 119-286 1.00 projection of the Dec 24 - Jan 8 rally from Jan 9 low

*RES 3: 119-192 High Oct 31

*RES 2: 119-166 Jan 8 high and key resistance

*RES 1: 119-122 High Jan 23

*PRICE: 119-07 @ 11:25 GMT, Jan 24

*SUP 1: 119-002 Low Jan 22

*SUP 2: 118-236 Low Jan 17

*SUP 3: 118-176 Low Jan 9 and key near-term support

*SUP 4: 118-13 Low Dec 30

5yr futures maintain a firmer tone. This week's recovery has resulted in a break

of 119-05, 61.8% of the Jan 8 - Jan 9 decline. The breach of this level has

effectively negated the recent bearish outlook and instead signals a stronger

developing bullish theme. Attention is on 119-166, the Jan 8 high and the next

key resistance. A break would reinforce bullish conditions and open 119-192, the

Oct 31 high initially. Key support is at 118-236, Jan 17 low.