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(U17) Focus On..................>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (U17) Focus On 118-140/118-145 Next As Rally Continues
*RES 4: 118-295 Median line off Mar & May lows
*RES 3: 118-247 Jun 14 high
*RES 2: 118-140/145 Jun 26 high, 76.4% of 118-247/117-132
*RES 1: 118-127 Aug 3 high
*PRICE: 118-105 @1013GMT
*SUP 1: 118-062/075 Hourly support
*SUP 2: 118-035/042 Congestion Jul 26-31, Aug 2 low
*SUP 3: 118-010 Aug 1 low
*SUP 4: 117-302 Jul 28 low
*COMMENTARY* 117-295 support remained intact, having survived a 117-302 pullback
last Friday. The subsequent recovery has now found the wherewithal for a move
back above both 118-072, and the late July highs at 118-095/118-097. This now
brings the 118-140/118-145 area back into the picture, as the remaining bar to
the Jun 14 high at 118-247. Support also continues to rise, 118-075/118-035 now
the near term protection to the downside.

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