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(U0) Eyeing Key Resistance......>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (U0) Eyeing Key Resistance
*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: 125-20+ Intraday high
*PRICE: 125-07 @ 11:35 BST, Jun 10
*SUP 1: 125-03 Low Jun 10
*SUP 2: 124-276 Low Jun 9
*SUP 3: 124-18 Low Jun 5 and bear trigger
*SUP 4: 124-176 2.00 projection of May 8 - 18 swing from the Jun 1 high
5yr futures rallied sharply higher yesterday and have continued in that
direction today. The strong climb over the past 3-trading sessions has brought
the contract within touching distance of key resistance at 125-246, May 8 high.
A break would confirm a resumption of the underlying uptrend and open 126-000.
On the downside, initial support is seen at 125-030, Jun 10 low. A break of this
level is needed to again refocus attention on the Jun 5 low of 124-180.

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