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(M18) 113-190 The Brake To......>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (M18) 113-190 The Brake To Any Further Recovery Hopes
*RES 4: 113-257 Apr 16 low, now resistance
*RES 3: 113-222 Apr 18 low, now resistance
*RES 2: 113-190 Mar 21 low, now resistance
*RES 1: 113-165/172 Apr 30 high, Apr 19 low
*PRICE: 113-142 @1020GMT
*SUP 1: 113-062 Apr 25 low
*SUP 2: 112-290 Equality fall from 114-207 to 115-127/113-210
*SUP 3: 112-210 Equality fall from 118-320 to 122-285/116-155
*SUP 4: 112-097 1% volatility band
*COMMENTARY* The loss of pivotal 113-272 support returned overall focus to the
downside last week, followed by a break of the key 113-180/113-170 area. A low
of 113-062 so far, this ahead of 112-290, the first of two equality fall
targets. As a consequence, resistance drops to 113-165/113-190, above the latter
would help reinforce the recent break back above the 2 week downtrend and allow
a higher 113-222/113-257 recovery.

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