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(H18) Fresh Fall Edges Closer...>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (H18) Fresh Fall Edges Closer To Key 113-280 Support
*RES 4: 115-037 Feb 9 high
*RES 3: 114-247 Feb 14 high
*RES 2: 114-155 Feb 12 low, now resistance
*RES 1: 114-092/117 Feb 2, Feb 8 lows, now resistance
*PRICE: 114-032 @1125GMT
*SUP 1: 113-315 Intraday low
*SUP 2: 113-280 Apr 5 2010 low
*SUP 3: 113-265 Aug 3 2009 low
*SUP 4: 113-142 1% volatility band
*COMMENTARY* Pressure has returned to the downside, following last week's short
lived rally back to 115-212. Support from 114-155 and then 114-092 giving way on
Wednesday, as we edge ever closer to the key long term support from April 2010
at 113-280. Resistance as a consequence falls to those two previous lows but
likely needs to see a move back above Monday's 114-247 high, before the near
term negative bias is reduced.

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