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(Z17) Back Under Pressure,......>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (Z17) Back Under Pressure, 117-057/117-082 Resistance Caps
*RES 4: 117-207 Oct 13 high, 38.2% Fibo of 119-015/116-252
*RES 3: 117-137/142 Oct 19 high, 76.4% of 117-207/116-252
*RES 2: 117-120 Nov 3 high
*RES 1: 117-057/082 Nov 6, Nov 7 lows, Nov 9 high
*PRICE: 116-292 @1137GMT
*SUP 1: 116-282 Hourly support
*SUP 2: 116-252/255 Oct 27, Nov 14 lows
*SUP 3: 116-175 Dec 15 low
*SUP 4: 116-155 Mar 10 low
*COMMENTARY* The  decline continued Tuesday, breaking below key 116-290 support
in the process. A low of 116-255, just ahead of the next important marker, the
Oct 27 low at 116-252. A further loss here will swing overall bias back to the
downside and focus again on the Mar 10 low at 116-155. In the interim, any
recovery will now need to surpass 117-057/117-082 to be of any consequence and
the chance of a decent rally.

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