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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: 116-08+ 21-DMA
*RES 3: 116-06+ Low Dec 18 now resistance
*RES 2: 116-04 High Dec 20
*RES 1: 115-31 High Dec 26
*PRICE: 115-29+ @ 1030GMT
*SUP 1: 115-28+ Hourly resistance Dec 26 now support
*SUP 2: 115-27 Low Dec 26
*SUP 3: 115-25+ Weekly Bollinger band base
*SUP 4: 115-12+ Weekly Bear channel base
*COMMENTARY: Fresh 7yr lows Tuesday have so far lacked a little follow through
with immediate bearish focus on the weekly bear channel base coming in around
115-12+ today. Initial resistance is now noted at 115-31. Bulls look for a close
above this level to ease bearish pressure and target a correction back to the
116-04/06+ resistance region. Bulls need a close above this region to shift
focus to 116-13+/22+ where the bear channel top and 55-DMA are noted.

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