(H18) Decline Accelerates......>

US 10YR FUTURE TECHS: (H18) Decline Accelerates But Holds Above 122-205 Support

*RES 4: 124-025 Dec 29 high

*RES 3: 123-280/285 Jan 5, Jan 3 highs

*RES 2: 123-125 Dec 21 low, now resistance

*RES 1: 123-055/080 Hourly resistance

*PRICE: 123-025 @1138GMT

*SUP 1: 122-205/225 Mar 10, Mar 14 lows, Jan 10 base

*SUP 2: 122-145 Dec 15 2016 low

*SUP 3: 122-085 1% volatility band

*SUP 4: 122-070 Sep 2013 low

*COMMENTARY* Following the loss of the the long term 76.4% Fibo retrace level at

123-235, the downside received some further acceleration yesterday with the

break below the 3 month bear channel base at 123-065. This sees the March lows

at 122-205 as the next potential target area, ahead of the Dec 2016 low at

122-145. Meanwhile, resistance falls to 123-055/123-080 but likely needs to

combat the higher 123-125 level for chance of better correction/respite.