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Contract Highs *RES 4:..........>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: Contract 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+/13  50% 122-28+-111-26+/Trendline res
*RES 1: 117-007     Intraday high
*PRICE: 117-00      @ 09:33 GMT, May 31
*SUP 1: 116-12      May 30 low
*SUP 2: 115-05/03+  100-dma/May 3 low
*SUP 3: 114-13+/02+ 50% 111-26+-117-007/200-dma
*SUP 4: 113-31+/26  Jan 18 low/61.8% fibo
US 5-Yr futures surged above 117-00 to print fresh contract highs. The broader
risk-off tone underpinned with next resistance seen at 117-11+/13 from the 50%
retracement & trendline. Above here opens a run at the 118-00/05 area which
registered a series of previous lows through Jun/Dec 2015. Bears need to clear
the May 30 low to change the outlook, before returning the focus to the 100-dma
& May 3 low at 115-05/03+.

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