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(U17) Rally Falters, Eyeing.....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (U17) Rally Falters, Eyeing Support Between 118-105/118-077
*RES 4: 119-030 Median line drawn off Mar & May lows
*RES 3: 118-310/320 Apr 17, May 18 highs
*RES 2: 118-247 Jun 14 high
*RES 1: 118-220 Aug 11 high
*PRICE: 118-115 @1042GMT
*SUP 1: 118-105 Hourly support
*SUP 2: 118-085/090 Aug 10 low, Aug 7 high
*SUP 3: 118-077 7 week rising support line
*SUP 4: 118-035 Aug 4 low
*COMMENTARY* The move back above 118-157 on Friday removed the immediate threat
of Wednesday's 'shooting star' candle close. A high of 118-220 seen so far, just
shy of a return towards the Jun 14 high at 118-247. Support moves again, 118-105
initially, 118-085/118-090 still below. Not unless we lose the 7 week rising
support line, at 118-077 by time today, will the near term bias swing once again
to the downside. Above 118-247 and look to 118-310/118-320 next.

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