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(U0) Maintains A Positive.......>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (U0) Maintains A Positive Tone
*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+ High Jun 11
*PRICE: 125-142 @ 11:30 BST, Jun 12
*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 recovered this week and despite the most recent pullback, maintain a
positive tone. Recent gains have 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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