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(U0) Bulls Remain In Charge.....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (U0) Bulls Remain In Charge
*RES 4: 126-04+ 0.764 projection of Jun 5 - 15 rally from Jun 16 low
*RES 3: 126-00 Round number resistance
*RES 2: 125-31+ 0.618 projection of Jun 5 - 15 rally from Jun 16 low
*RES 1: 125-272 High Jun 30 and the bull trigger
*PRICE: 125-23+ @ 11:42 BST, Jul 09
*SUP 1: 125-166 Low Jul 2
*SUP 2: 125-096 Low Jun 16 and key near-term support
*SUP 3: 125-03 Low Jun 10
*SUP 4: 124-276 Low Jun 9
5yr futures are still essentially unchanged but maintain a bullish stance. The
contract recently traded through key resistance and the bull trigger at 125-246,
May 8 high. The break confirms a resumption of the underlying bull trend and
sets the scene for a climb towards 126-00 next. On the downside key support has
been defined at 125-096, Jun 16 low. A breach of this level is required to
dampen recent bullish developments.

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