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(H18) Decline Tests Toward 8....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (H18) Decline Tests Toward 8 Week Bear Channel Base
*RES 4: 116-282 Nov 28 high
*RES 3: 116-235/252 3 month falling res line, Nov 29 high
*RES 2: 116-227 Dec 1 high
*RES 1: 116-167/185 Hourly resistance
*PRICE: 116-107 @1059GMT
*SUP 1: 116-052 Dec 4 low
*SUP 2: 116-042 8 week bear channel base projection
*SUP 3: 115-230 3 month bear channel base projection
*SUP 4: 115-127 1% volatility band
*COMMENTARY* The decline continued last week, losing support from the Nov 21 low
at 116-145 in the process. A low of 116-052 on Monday before bouncing. A
sustained loss of 116-145 will swing the overall bias back to the downside and
focus on two bear channel base projections between 116-042 and 115-230.
Resistance meanwhile from 116-167/185 and then more importantly 116-227/116-252.
Require back through here before things can improve. 

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