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(Z9) Bullish Outlook Intact.....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (Z9) Bullish Outlook Intact
*RES 4: 119-262 76.4% retracement of Oct 4 - Nov 7 decline
*RES 3: 119-14+ 61.8% retracement of Oct 4 - Nov 7 decline
*RES 2: 119-10+ High Nov 1 and key bull trigger
*RES 1: 119-01 High Nov 21
*PRICE: 118-196 11:10 GMT, Nov 29
*SUP 1: 118-172 Low Nov 25
*SUP 2: 118-14+/096 Low Nov 18 / Channel top drawn off the Oct 4 high
*SUP 3: 118-03 Low Nov 13
*SUP 4: 117-292 Low Nov 7 and bear trigger
5yr futures continue to trade below the recent high of 119-01 from Nov 21. The
recent pullback is still viewed as a correction with the underlying bullish
outlook intact. A bullish theme follows the recent break of channel resistance
drawn off the Oct 4 high. The channel break highlights an important S/T
technical development and scope is seen for a climb to the Nov 1 high of
119-10+. The trigger is at 119-01 while key support lies at 118-14+, Nov 18 low.

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