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(M18) Continued Fall Enters.....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (M18) Continued Fall Enters Key 113-180/113-170 Support
*RES 4: 114-027 Congestion Apr 5-11, Apr 12 high
*RES 3: 113-312 Apr 17 high
*RES 2: 113-285 Apr 13 low, now resistance
*RES 1: 113-257 Apr 16 low, now resistance
*PRICE: 113-195 @1103GMT
*SUP 1: 113-170/180 2 mth s/line, 1.618 projection from 114-140
*SUP 2: 112-290 Equality fall from 114-207 to 115-127/113-210
*SUP 3: 112-260 1% volatility band
*SUP 4: 112-210 Equality fall from 118-320 to 122-285/116-155
*COMMENTARY* The loss of pivotal 113-272 support this week has returned overall
bias to the downside and focus on to the key 113-180/113-170 area. This the
1.618 projection target from the Apr 6 high at 114-140, to the preceding
114-207/114-040 fall and also the 2 month falling support line. As a
consequence, resistance drops to 113-257/113-285 but requiring back above
113-312 to currently provide any upside enthusiasm.

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