(Z17) Support Line Gives Way,...>

US 5YR FUTURE TECHS: (Z17) Support Line Gives Way, 118-090/118-097 Key Area

*RES 4: 119-015/025 Sep 8 high, 50% Fibo of 121-215/116-155

*RES 3: 118-285 Sep 5 high

*RES 2: 118-237 Sep 11 high

*RES 1: 118-192/207 Hourly resistance

*PRICE: 118-120 @1015GMT

*SUP 1: 118-090/097 Sep 12 low, 38.2% of 117-035/119-015

*SUP 2: 118-025 50% Fibo of 117-035/119-015

*SUP 3: 117-272/280 61.8% Fibo of 117-035/119-015, Aug 16 low

*SUP 4: 117-170/180 Jul 25 low, 76.4% Fibo of 117-035/119-015

*COMMENTARY* Has now lost support from the 9 week bull channel, the base at

118-142 by time today. Loss here has set in motion a correction of the

117-035/119-015 gains seen since early July. This would begin with a look at the

next area of importance around 118-097/118-090. A hold around here is key and

protects against a deeper 118-025/117-272 fall. Meanwhile, resistance falls to

118-192/118-207, above the latter needed for some near term respite.