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(H0) Sharp Downside Opens......>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H0) Sharp Downside Opens Further Losses
*RES 4: 130-17+ High Nov 1
*RES 3: 130-16 61.8% of the Oct 7 - Nov 7 decline
*RES 2: 130-04+ High Dec 3 and bull trigger
*RES 1: 129-14+ High Dec 6
*PRICE: 128-17 @ 17:00 GMT, Dec 12
*SUP 1: 128-12 Low Dec 6
*SUP 2: 128-11+ Low Nov 13
*SUP 3: 128-03+ Low Nov 12
*SUP 4: 127-31+ Low Nov 7
After what now seems a relatively muted response to Wednesday's Fed decision,
10yr futures dipped sharply Thursday on renewed trade deal optimism before
finding a little support at the Nov13 low. As such, markets have broken through
the 128-14+ Fib, opening a return to levels last seen in early November. Bulls
need to recoup the 129-00 handle to slow any decline.

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