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(U0) Bounce Extends *RES 4:.....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (U0) Bounce Extends
*RES 4: 125-246 High May 8 and key resistance
*RES 3: 125-226 High Jun 1
*RES 2: 125-172 High Jun 3
*RES 1: 125-10+ High Jun 4
*PRICE: 125-07 @ 11:35 BST, Jun 10
*SUP 1: 124-276 Low Jun 9
*SUP 2: 124-180 Low Jun 6
*SUP 3: 124-176 2.00 projection of May 8 - 18 swing from the Jun 1 high
*SUP 4: 124-09+ Low Mar 25 (cont)
5yr futures have bounced off recent lows and defined a key S/T support at
124-18, Jun 5 low. The move higher is viewed as a correction with a bearish
theme continuing to dominate the near-term outlook. This follows last week's
move lower and more importantly Friday's break of support at 125-012, Jun 5 low.
The break lower confirmed a range breakout. Attention is on 24-202, the next
downside target. An upside break above 125-10+ would reverse the outlook.

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