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(H0) Sharp Sell-Off *RES 4:.....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (H0) Sharp Sell-Off
*RES 4: 119-192 High Oct 31
*RES 3: 119-166 High Jan 7
*RES 2: 119-00 Round number resistance
*RES 1: 118-25+ 50-day EMA
*PRICE: 118-222 @ 11:16 GMT, Jan 9
*SUP 1: 118-206 Intraday low
*SUP 2: 118-13 Low Dec 30
*SUP 3: 118-056 Low Dec 24
*SUP 4: 118-03+ Low Dec 13
5yr futures were extremely choppy yesterday as the market gyrated on the back of
developments in the Middle East. Technically, the sell-off places on hold the
recent bullish focus. Price failed to remain and close above resistance at
119-066, Jan 6 high and the 50-day EMA, an indicator used as a reliable trend
signal. Further weakness would open 118-13, Dec 30 low where a break would
expose 118-03+, Dec 13 low and key support. Resistance is at 118-25+.

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