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(Z9) Retraces Recent Gains......>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (Z9) Retraces Recent Gains
*RES 4: 119-302 76.4% retracement of Oct 4 - Oct 28 decline
*RES 3: 119-21 61.8% retracement of Oct 4 - Oct 28 decline
*RES 2: 119-162 High Oct 11
*RES 1: 119-10+ High Nov 1 and upside trigger
*PRICE: 118-29 11:04 GMT, Nov 4
*SUP 1: 118-21 Low Oct 31
*SUP 2: 118-14 Low Oct 28/29/30
*SUP 3: 118-03 Low Sep 13 and key support
*SUP 4: 117-222 Low July 31
5yr futures are retracing last weeks gains having stalled Friday at 119-10+.
Attention is on initial support at 118-21, Oct 31 low and the base of a strong
candle pattern that day known as a standard line. If price action is able to
hold above 118-21, this would maintain a bullish focus and signal potential for
a recovery above 119-10+ to open 119-162 and towards 61.8% of the Oct 4 - Oct 28
decline at 119-21. A break of support though would expose 118-14.

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