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(H18) 123-27 Support Remains...>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H18) 123-27 Support Remains Key
*RES 4: 124-21+ 55-DMA 
*RES 3: 124-17+ High Dec 11 
*RES 2: 124-11  High Dec 12 
*RES 1: 124-06  Hourly resistance Dec 12
*PRICE: 124-04+ @ 0530GMT
*SUP 1: 124-00  Low Dec 12
*SUP 2: 123-29+ Monthly Low Nov 30
*SUP 3: 123-27  Lows Oct 25 & 27
*SUP 4: 123-06+ Daily Bear channel base
*COMMENTARY: Bears take comfort in continued topside failures ahead of the
55-DMA and bear channel top. The sell-off Thursday left the contract looking
heavy with focus having returned to 123-27/29+ where monthly lows are noted.
Below 123-27 remains needed to target the bear channel base (123-06+). Bulls now
look for a close above 124-11 to gain breathing room and above the bear channel
top (124-24+) to initially pressure 125-00.

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