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(U18) Bulls Need Close Above....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (U18) Bulls Need Close Above 113-21+
*RES 4: 113-26  High July 6
*RES 3: 113-21+ High July 9
*RES 2: 113-19  Hourly support July 6 now resistance
*RES 1: 113-18  100-DMA, Hourly resistance July 9
*PRICE: 113-15 @ 0930GMT
*SUP 1: 113-14  21-DMA
*SUP 2: 113-12+ Low June 26
*SUP 3: 113-12  Daily Bull channel base off May low
*SUP 4: 113-08+ 55-DMA
*COMMENTARY: The lack of topside follow through Friday and failure to gain
traction on the break of 113-25+ leaves the contract looking offered. Bears look
for a close below the bull channel base to ease bullish pressure and below
113-05 to confirm traction below the 55-DMA and initially target 112-25+/29.
Bulls now need a close above 113-21+ highs from Monday to return focus to
113-26/29+.

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