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(H18) Remains Capped Ahead.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H18) Remains Capped Ahead of 55-DMA
*RES 4: 125-00  High Nov 28 
*RES 3: 124-25+ Daily Bear channel top 
*RES 2: 124-22+ 55-DMA 
*RES 1: 124-17+ High Dec 11
*PRICE: 124-09+ @ 0240GMT
*SUP 1: 124-02+ Low Dec 5
*SUP 2: 123-29+ Monthly Low Nov 30
*SUP 3: 123-27  Lows Oct 25 & 27
*SUP 4: 123-07+ Daily Bear channel base
*COMMENTARY: Bears take comfort in continued topside failures ahead of the
55-DMA and bear channel top. Bulls need a close above 125-00 to confirm breaks
and shift immediate focus to 125-06+/14+ and overall focus to 125-25+. The
sell-off Thursday left the contract looking heavy once more with focus having
returned to 123-27/124-02+ where monthly lows are noted. Below 123-27 targets
the bear channel base 123-08+.

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