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(Z18) Gravitating 112-00 *RES...>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (Z18) Gravitating 112-00
*RES 4: 113-132/22 200-dma/Top of Triangle beginning May
*RES 3: 112-30+ 100-DMA
*RES 2: 113-00  Bottom of Triangle beginning May
*RES 1: 112-27  50% 113-277-111-26+
*PRICE: 112-01  @ 10:27 GMT, Nov 9
*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
A quiet end to the week has seen the 5-Yr future gravitate around the 112 level,
lacking direction. The longer-term downtrend remains intact with bears focusing
on 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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