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(U17) Pushing Higher But........>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (U17) Pushing Higher But 118-220/118-247 Still Caps
*RES 4: 118-310/320 Apr 17, May 18 highs
*RES 3: 118-247 Jun 14 high
*RES 2: 118-220/227 Aug 11, Aug 18 highs
*RES 1: 118-195/207 Hourly resistance
*PRICE: 118-185 @1022GMT
*SUP 1: 118-090/105 Initial rally high Aug 16, Aug 17 low
*SUP 2: 118-052/057 61.8% of 117-265/118-227, Aug 16 low
*SUP 3: 118-010/012 Aug 1 low, 76.4% Fibo of 117-265/118-227
*SUP 4: 117-265 Jul 25 low
*COMMENTARY* Another attempt to the topside on Friday, pulling up in the midst
of the next 118-220/118-247 resistance area. Still need to sustain a break
through here before the overall bias can switch to higher again and a renewed
challenge to the Apr/May highs at 118-310/118-320. In the meantime, look to
118-105/118-090 for support, loss of the latter would spoil the look of the
recent recovery and put the 118-057/118-052 region back under pressure. 

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