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(Z18) Holding Above 112 *RES....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (Z18) Holding Above 112
*RES 4: 113-22  Top of Triangle beginning May
*RES 3: 113-057 100-DMA
*RES 2: 113-00  Bottom of Triangle beginning May
*RES 1: 112-27  50% 113-277-111.26+
*PRICE: 112-097 @ 09:14 GMT, Oct 15
*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 holding above 112-00, recovery efforts have failed to gain traction
suggesting the broader downtrend remains intact. Daily momentum indicators
remain entirely negative, keeping focus on the recent cycle lows of 111-26+.
Below there, bears target the Oct 14 2008 low at 111-07+ and 110-30 which
represents the 61.8% retracement of 102-26-125-00. Bulls initially need to
reclaim the 100-dma to change the short-term outlook.

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