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(H18) 116-04/06+ Resistance.....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (H18) 116-04/06+ Resistance Region Key
*RES 4: 116-10 21-DMA
*RES 3: 116-06+ Low Dec 18 now resistance
*RES 2: 116-04 High Dec 20
*RES 1: 115-30+ High Dec 22
*PRICE: 115-29+ @ 1030GMT
*SUP 1: 115-27+ Low Dec 22
*SUP 2: 115-26+ Bollinger band base
*SUP 3: 115-25 Weekly Bollinger band base
*SUP 4: 114-09+ Weekly Bear channel base
*COMMENTARY: The contract remains heavy with bears maintaining focus on the
weekly bear channel base coming in around 114-09+ today. O/S daily studies and
Bollinger bases are key concerns for bears with potential to limit follow
through. The 116-04/06+ resistance region remains key. Bulls need a close above
this region to ease bearish pressure and shift focus to layers of resistance
116-13+/22+ where the bear channel top and 55-DMA are noted.

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