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(Z9) Bears Return *RES 4:.......>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (Z9) Bears Return
*RES 4: 119-162 High Oct 11
*RES 3: 119-10+ High Nov 1 and upside trigger
*RES 2: 119-01+ High Nov 4
*RES 1: 118-232 Intraday high
*PRICE: 118-132 11:12 GMT, Nov 7
*SUP 1: 118-07+ Low Sep 16
*SUP 2: 118-03 Low Sep 13 and key support
*SUP 3: 117-222 Low July 31
*SUP 4: 117-17+ 1.236 projection of Sep 4 - Sep 13 decline from Oct 4 high
5yr futures are under pressure once again following a short-lived correction
higher yesterday. Today's weakness has seen prices trade below Tuesday's 118-132
low. This confirms a resumption of the downtrend paving the way for a move
towards the major support at 118-03, Sep 13 low. A break of this chart point
would confirm what appears to be a broad double top reversal pattern developing
on the daily chart. Resistance is at 118-232. Heavy for now!

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