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(Z18) Consolidating Above.......>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (Z18) Consolidating Above 112-00
*RES 4: 113-127/22 200-dma/Top of Triangle beginning May
*RES 3: 112-302 100-DMA
*RES 2: 113-00  Bottom of Triangle beginning May
*RES 1: 112-27  50% 113-277-111-26+
*PRICE: 112-08  @ 10:20 GMT, Nov 12
*SUP 1: 111-07+ Oct 14 2008 low
*SUP 2: 110-30  61.8% 102-26-125-00
*SUP 3: 109-042 Sep 30 2008 low
*SUP 4: 108-15  2008 lows
Despite consolidating above 112-00, the rally fails to gain traction, keeping
the recent downtrend intact. Bears immediate focus turns toward the Oct 14 2008
low at 111-07+ and 61.8% retracement of 102-26-125-00 at 110-30. Bulls initially
need to reclaim the 200-dma to change the short-term outlook, before targeting
triangle top resistance from May at 113-22.

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