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(Z18) Failed Recovery *RES 4:...>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (Z18) Failed Recovery
*RES 4: 113-22  Top of Triangle beginning May
*RES 3: 113-08/092 50-DMA/100-DMA
*RES 2: 113-00  Bottom of Triangle beginning May
*RES 1: 112-68  50% 113-277-112.08
*PRICE: 112-15+ @ 09:16 GMT, Sep 28
*SUP 1: 112-08  Sep 25 low
*SUP 2: 110-947 61.8% 102-26-125-00
*SUP 3: 109-257 Sep 30 2008 low
*SUP 4: 108-15  2008 lows
The post-Fed recovery failed with the 5-Yr resuming its longer-term downtrend.
Momentum indicators continue to display negative signals with bears focusing on
a break of the 112-00 level. Below here opens 110-947 which represents the 61.8%
retracement of 102-26-125-00. Bulls initially need to reclaim the 100-dma & Aug
highs to change the short-term outlook, before targeting triangle top
resistance.

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