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(Z9) Either Side of the.........>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (Z9) Either Side of the 50-DMA
*RES 4: 120-22 1.500 projection of rally between Sep 13 - Sep 24 from Oct 1 low
*RES 3: 120-172 1.382 projection of rally between Sep 13 - Sep 24 from Oct 1 low
*RES 2: 120-13 Contract high Sep 4 and bull trigger
*RES 1: 120-09+ High Oct 3
*PRICE: 119-082 11:02 GMT, Oct 15
*SUP 1: 118-277 Low Oct 11
*SUP 2: 118-25 Low Oct 1 and key support *SUP 3: 118-15 Low Sep 19
*SUP 4: 118-16 100-DMA
5yr futures broke lower Thursday, with downside extending well into the Friday
close. 50-dma support gave way, but this level is still providing a bit of an
anchor early Tuesday. Over the longer-term, bullish conditions remain in place
following the concerted drive higher late last week. To revisit contract highs
at 120-13, markets need to reclaim the 120-00 level, which looks a tough task
from here. A break of 120-13 would confirm a resumption of the uptrend and open
120-172 and 120-22, both Fibonacci projection levels.

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