(U0) Approaches The Key Bull....>

US 5YR FUTURE TECHS: (U0) Approaches The Key Bull Trigger

*RES 4: 126-00 Round number resistance

*RES 3: 125-246 High May 8 and key resistance

*RES 2: 125-232 High May 15

*RES 1: 125-23 Intraday high

*PRICE: 125-226 @ 11:15 BST, Jun 29

*SUP 1: 125-096 Low Jun 16 and key near-term support

*SUP 2: 125-03 Low Jun 10

*SUP 3: 124-276 Low Jun 9

*SUP 4: 124-18 Low Jun 5 and bear trigger

5yr futures traded higher Friday and the contract is edging towards the key

upside trigger. 125.246 is the May 8 high and the level that needs to give way

to confirm a resumption of the underlying bull trend. This would set the scene

for a 126-00 initially. Any failure at current levels and an inability to clear

resistance would highlight a developing bearish risk and the possibility of a

retracement towards the first key support handle at 125-096, Jun 16 low.