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(Z18) Struggling to Build.......>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (Z18) Struggling to Build
*RES 4: 113-22  Top of Triangle beginning May
*RES 3: 113-047 100-DMA
*RES 2: 113-00  Bottom of Triangle beginning May
*RES 1: 112-27  50% 113-277-111-26+
*PRICE: 112-05+ @ 09:25 GMT, Oct 17
*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
The longer-term 50% fibo of 113-277-111-26+ caps topside gains to keep the
longer-term downtrend intact. Momentum indicators on the daily charts continue
to generate bearish signals, keeping downside focus on the recent cycle lows of
111-26+. Below here, 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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