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Long-term Uptrend Intact *RES...>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: Long-term Uptrend Intact
*RES 4: 119-01+     Sep 8 2017 High
*RES 3: 118-302/31  Upper Bollinger Band (3%)/Sep 7 2017 high
*RES 2: 118-212     61.8% 122-28-111-26+
*RES 1: 118-13      Jun 25 high
*PRICE: 118-082     @ 10:26 BST, Jul 4
*SUP 1: 117-08+     Jun 11 low
*SUP 1: 116-28/12   50-dma/May 30 low
*SUP 2: 115-317/03+ 100-dma/May 3 low
*SUP 3: 115-032     50% 111-26+-118-13
5-Yr futures topped out at 118-12 yesterday, meeting resistance from the Jun 25
high. Despite this, pullbacks have so far remained shallow and keeps the
longer-term uptrend intact. Technical indicators continue to display outright
bullish signals. A break of 118-13 opens the 61.8% retracement level & Sep 7
2017 high. T-line support off the May 21 low comes in at 118-03 today. Failure
to hold could trigger a s/t reversal back towards the Jun 11 low & 50-dma.

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