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(H0) Rebounds Off The Low......>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H0) Rebounds Off The Low
*RES 4: 130-28+ High Oct 11
*RES 3: 130-17+ High Nov 1
*RES 2: 130-04+ High Dec 3 and bull trigger
*RES 1: 129-14 High Dec 12
*PRICE: 128-31 @ 17:21 GMT, Dec 13
*SUP 1: 127-29 Low Dec 13
*SUP 2: 127-18+ 1.618 projection of the Oct 3 to Nov 7 low from Dec 3 high
*SUP 3: 127-00 Round number support
*SUP 4: 126-31+ 1.764 projection of the Oct 3 to Nov 7 low from Dec 3 high
10yr futures have rallied sharply off the day low . For now however the recovery
is being viewed as a sharp correction with underlying trend conditions still
bearish. Earlier today, futures traded below the key support at 127-30, Nov 7
low. This indicates a resumption of the downtrend and opens 127-18+, a Fibonacci
projection and the 127-00 level. On the upside, clearance of 129-14, yesterday's
high would instead reverse the outlook and highlight a bullish development.

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