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(H18) Bulls Need Close Above....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (H18) Bulls Need Close Above 21-DMA
*RES 4: 116-13+ High Dec 15
*RES 3: 116-08 21-DMA
*RES 2: 116-06+ Low Dec 18 now resistance
*RES 1: 116-05 High Dec 27
*PRICE: 116-03 @ 1030GMT
*SUP 1: 116-01+ Hourly support Dec 27
*SUP 2: 115-31 High Dec 26 now support
*SUP 3: 115-28+ Hourly resistance Dec 26 now support
*SUP 4: 115-27 Low Dec 26
*COMMENTARY: Fresh 7yr lows Tuesday lacked follow through with the aggressive
rally and bullish close Wednesday that sees focus back on 116-06+/08. Bulls now
need a close above the 21-DMA to shift immediate focus to 116-13+ and overall
focus to 116-18/22+. Bears now look for a close below 115-31 to signal a false
break higher and below 115-27 to target the weekly bear channel base ((115-12+).

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