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(H18) Bulls Need Close Above....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (H18) Bulls Need Close Above 115-10+
*RES 4: 115-26+ 55-DMA
*RES 3: 115-22+ High Jan 11
*RES 2: 115-10+ Hourly resistance Feb 6a
*RES 1: 114-31+ Hourly resistance Feb 6
*PRICE: 114-28+ @ 0930GMT
*SUP 1: 114-20+ Hourly support Feb 6
*SUP 2: 114-09+ 2018 Low Feb 6
*SUP 3: 113-29  Bear channel base
*SUP 4: 113-28  Monthly Low Apr 1 2010
*COMMENTARY: Bulls have failed to capitalise on the aggressive rally and bullish
close Tuesday with the contract rejected ahead of 115-22+ resistance and 55-DMA.
Bulls now need a close above 115-10+ to retain pressure on 115-22+/26+ where the
55-DMA is noted. Above the 55-DMA is needed to confirm a shift higher in focus
and above 116-06+ to target the 100-DMA (116-13+). Bears remain focused on the
bear channel base while 115-10+ caps.

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