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(Z17) 116-320/117-052 Now The...>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (Z17) 116-320/117-052 Now The Bar To Any Real Recovery
*RES 4: 117-120 Nov 3 high
*RES 3: 117-052 Nov 15 high
*RES 2: 117-015 Nov 20 high
*RES 1: 116-320 Nov 22 high
*PRICE: 116-267 @1144GMT
*SUP 1: 116-232 Hourly support
*SUP 2: 116-205 Nov 21 low
*SUP 3: 116-175 Dec 15 low
*SUP 4: 116-155 Mar 10 low
*COMMENTARY* The decline continued last week, a low of 116-205, as we try to
maintain a break below the Oct 27 low at 116-252. A sustained loss here will
swing the overall bias back to the downside and focus again on the Mar 10 low at
116-155. In the interim, any recovery now meets resistance from 116-320 but will
need to surpass 117-015 and then 117-052, before the impetus for a near term
recovery will improve.

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