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(Z17) 117-137/117-142 The Bar...>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (Z17) 117-137/117-142 The Bar To Any Real Upside Progress
*RES 4: 117-295 Sep 25 high, 50% Fibo of 119-015/116-252
*RES 3: 117-207 Oct 13 high, 38.2% Fibo of 119-015/116-252
*RES 2: 117-137/142 Oct 19 high, 76.4% of 117-207/116-252
*RES 1: 117-120 Nov 3 high
*PRICE: 117-072 @1132GMT
*SUP 1: 117-017 Nov 2 low
*SUP 2: 116-290/315 Hourly support
*SUP 3: 116-252 Oct 27 low
*SUP 4: 116-175 Dec 15 low
*COMMENTARY* After recovering from the previous week's 116-252 low, last week
spent the majority of time trying to break through 117-102 resistance. A high of
117-120 on Friday but unable as yet to sustain this move. Still looking at
support from 117-017 but only a loss of 116-315/116-290 will concern at this
stage. Above 117-120 and the 117-137/117-142 area is still anticipated to
provide resistance and a decent barrier to a 117-207 return.

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