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Challenging Cycle Highs *RES....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: Challenging Cycle Highs
*RES 4: 118-212     61.8% 122-28-111-26+
*RES 3: 118-00/05   Series of prev lows Jun/Dec 2015
*RES 2: 117-11+     50% 122-28+-111-26+
*RES 1: 116-15+     May 23 high/ Mar 10 2017 low
*PRICE: 116-142+    @ 09:18 GMT, May 28
*SUP 1: 115-03+/032 May 3 low/100-dma
*SUP 2: 114-05/007  50% 111-26+-116-15+/200-dma
*SUP 3: 112.20/25   Series of previous lows
*SUP 4: 111-07+     Oct 14 2008 low
US 5-Yr futures rallied to 116-15 and look to take out last Thursday's high at
116-15+ to extend the uptrend. The bullish outlook remains with further
resistance located on approach to the 117-00 level, ahead of the 50% retracement
at 117-11+. Bears need a break back under 116-00, before returning the focus to
up trendline support & the 50-dma at 115-26/20. Below here opens a run at the
May 3 low & 100-dma at 115-03+/032.

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