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(H0) Still Vulnerable *RES 4:...>

US 5YR FUTURE TECHS: (H0) Still Vulnerable
*RES 4: 119-272 0.764 projection off Nov 7 - Nov 21 rally from Dec 2 low
*RES 3: 119-19+ High Nov 1
*RES 2: 119-152 High Dec 3 and bull trigger
*RES 1: 119-002 High Dec 6
*PRICE: 118-216 10:58 GMT, Dec 11
*SUP 1: 118-166 Low Dec 6
*SUP 2: 118-15 76.4% retracement of the Nov 7 to Dec 3 rally
*SUP 3: 118-112 Low Nov 13
*SUP 4: 118-08 Nov 12 low
5yr futures traded lower yesterday but a strong impulse is still missing. The
break of support at 118-202, Dec 2 low on Friday negates the bullish
implications of the recovery on Dec 3 and highlights a bearish near-term risk
that has exposed 118-15, the 76.4% retracement of the rally between Nov 7 and
Dec 3. A breach here would pave the way for a move towards 118-112 and 118-08,
Nov 13 and 12 lows respectively. Initial resistance is at Friday's 119-002 high.

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