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Minor Retracement *RES 4:.......>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: Minor Retracement
*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: 116-142/15+     Mar 27 high/ Mar 10 2017 low
*PRICE: 115-31+         @ 09:24 GMT, May 20
*SUP 1: 115-03+/00+     May 3 low/100-dma
*SUP 2: 114-042/113-30+ 50% 111-26+-116-142/200-dma
*SUP 3: 112.20/25       Series of previous lows
*SUP 4: 111-07+         Oct 14 2008 low
Having topped out at 116-097 last week, the 5-Yr extends its minor retracement
back through 116-00. Bulls need a close above this level to cement the recent
uptrend, before returning the focus to the Mar 27 ytd high at 116-142. Above
here opens a run at the 117-00 level, ahead of the 50% retracement level at
117-11. Bears look for a close back under the 50-dma at 115-162, before
challenging the May 3 low & 100-dma at 115-03+/00+.

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