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(H18) 116-195/116-227 Still.....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (H18) 116-195/116-227 Still The Bar To Recovery Prospects
*RES 4: 116-282 Nov 28 high
*RES 3: 116-252 Nov 29 high
*RES 2: 116-227 Dec 1 high
*RES 1: 116-170/195 Dec 6 high, 3 month falling res line
*PRICE: 116-135 @1133GMT
*SUP 1: 116-080/087 Hourly support, Dec 8 low
*SUP 2: 116-052 Dec 3, Dec 5 lows
*SUP 3: 116-022 9 week bear channel base projection
*SUP 4: 115-200 3 month bear channel base projection
*COMMENTARY* The 116-052 area has continued to provide protection to the
downside, having foiled two attempts to move lower. That said, there is still
resistance from between 116-170 and the 3 month falling resistance line at
116-195 to deal with, before the upside is then in a position to challenge the
Dec 1 high at 116-227, where bigger questions are asked. Meanwhile, some earlier
support is seen from 116-087/116-080.

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