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(H0) Maintains A Bearish........>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (H0) Maintains A Bearish Theme
*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: 118-17 @ 10:44 GMT, Jan 2
*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 have been somewhat choppy this week but start the year with the
outlook maintaining a bearish theme. This follows the move below the Nov 7 key
support at 118-05, on Dec 13 that reinforced a bearish tone and paves the way
for 118-006, a Fibonacci projection level and 118-00. On the upside, the key
resistance remains 118-30+, Dec 12 high where a break is required to signal a
reversal.

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