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(Z17) 117-187/117-225 Break.....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (Z17) 117-187/117-225 Break Needed To Spur Recovery
*RES 4: 118-010/035 Sep 19 high, broken 6 month support line
*RES 3: 117-295 Sep 26 high
*RES 2: 117-225 Sep 29 high
*RES 1: 117-187 Sep 20,21 lows, now resistance
*PRICE: 117-125 @0808GMT
*SUP 1: 117-090 Oct 2 low
*SUP 2: 117-020 76.4% Fibo of 116-155/119-015
*SUP 3: 116-295 Mar 17 low
*SUP 4: 116-155 Mar 10 low, 1% volatility band
*COMMENTARY* Having failed to trouble 118-010 resistance, a high of 117-295 last
Tuesday, downside pressure has resumed and the Jul 6 low at 117-132 has come
under pressure. This seen as the last protection against a greater 117-020 fall.
Resistance from 117-187 but likely need a move back above 117-225 however,
before any respite will be forthcoming and allow for some correction of recent
losses from last month's 119-015 high.

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