(H18) Decline Jousts With......>

US 10YR FUTURE TECHS: (H18) Decline Jousts With Long Term Fibo Support

*RES 4: 124-210 Dec 13 high

*RES 3: 124-135 Dec 18 high

*RES 2: 124-070 Dec 15 low, now resistance

*RES 1: 123-290/295 Dec 13, Nov 30 lows, now resistance

*PRICE: 123-225 @1212GMT

*SUP 1: 123-200 Dec 19 low

*SUP 2: 123-145 10 week bear channel base projection

*SUP 3: 123-115 Mar 17 low

*SUP 4: 122-310 1% volatility band

*COMMENTARY* 123-290/123-295 support gave way on Tuesday. The subsequent fall

dicing with the long term 76.4% Fibo retrace level at 123-235. A low of 123-200

seen so far, before bouncing on the back of some oversold hourly conditions.

123-290/123-295 now becomes near term resistance, above needed before the chance

of a better 124-070/124-135 recovery. Below 123-200 and the 10 week bear channel

base at 123-145, is the protection against a 123-115/122-310 fall.