(Z18) 100-dma Caps For Now......>

US 5YR FUTURE TECHS: (Z18) 100-dma Caps For Now

*RES 3: 113-06 Short-term trend channel resistance

*RES 2: 113-012/027 Short-term trend channel broken base/61.8% 111-26+-113-277

*RES 1: 112-29 100-DMA

*PRICE: 112-26+ @ 11:09 GMT, Nov 28

*SUP 1: 111-26+ Oct 8 ten-year low

*SUP 2: 111-07+ Oct 14 2008 low

*SUP 3: 110-29+ 50% 96-25+-125-01+

The Tuesday session was largely uninspiring, with the 100-dma continuing to cap

price action despite briefly showing above on Friday. For bulls to regain the

upper hand, a close above that 112-29 mark will be needed. The 50-dma at 112-137

will provide some short-term support ahead of the Oct 8 ten-year low at 111-07+.

Any recovery through the 100-dma to the upside will open the 61.8% retracement

of 111-26+-113-277 at 113-027. Above here lies the uptrend channel at 113-067.

Conversely, a close below the Nov-21 low of 112-22 would mark the start of a new

short-term downtrend.