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(Z9) Under Pressure *RES 4:.....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (Z9) Under Pressure
*RES 4: 119-21 61.8% retracement of Oct 4 - Oct 28 decline
*RES 3: 119-162 High Oct 11
*RES 2: 119-10+ High Nov 1 and upside trigger
*RES 1: 119-01+ High Nov 4
*PRICE: 118-23+ 11:30 GMT, Nov 5
*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 continue to retrace last weeks gains having stalled Friday at
119-10+. The focus is on support at 118-21, Oct 31 low. This marks the base of
strong candle pattern known as a standard line. A failure of this support to
hold would signal scope for a deeper pullback and attention would turn to
support at 118-14. A break of this latter level would confirm a resumption of
the downtrend that began on Oct 4. Initial resistance is 119-01+.

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