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(Z17) 116-295 Support Under.....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (Z17) 116-295 Support Under Pressure Today
*RES 4: 117-162 Initial low Oct 16, now resistance
*RES 3: 117-137 Oct 19 high
*RES 2: 117-072 Oct 24 high
*RES 1: 117-037/047 Oct 6 low, hourly resistance
*PRICE: 116-295 @1025GMT
*SUP 1: 116-285/295 Intraday, Mar 17 lows
*SUP 2: 116-175 Dec 15 low
*SUP 3: 116-155 Mar 10 low
*SUP 4: 116-025 1% volatility band
*COMMENTARY* Continued pressure has seen the 76.4% Fibo retrace level at 117-020
give way and attention switch to the Mar 17 low at 116-295. This slightly
breached today, a low of 116-285 posted so far. A sustained break lower will
switch focus back to the Dec 15 low at 116-175 and then this year's previous
116-155 base. In the meantime, resistance comes from 117-037/117-047 but likely
needs a move back above 117-072 before any real improvement will follow.

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