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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: 113-29+ High May 31
*RES 3: 113-26  High July 6
*RES 2: 113-21+ High July 9
*RES 1: 113-17+ High July 17, 100-DMA
*PRICE: 113-15 @ 0930GMT
*SUP 1: 113-12+ Low June 26,
*SUP 2: 113-09+ 55-DMA
*SUP 3: 113-05  Low June 21
*SUP 4: 112-29  Monthly Low June 13
*COMMENTARY: Topside hesitation ahead at 113-21+ has resulted in a close below
the bull channel base (113-16+) off May lows with immediate pressure on the
113-12+ support. Bears continue to look for a close below 113-12+ to confirm
traction below the daily bull channel base, and below 113-05 to confirm a break
of the 55-DMA and initially target 112-25+/29. Bulls need a close above 113-21+
to return immediate focus to 113-26/29+.

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