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(U18) Consolidating In Range....>

US 5YR FUTURE TECHS: (U18) Consolidating In Range
*RES 4: 113.444 61.8% 114.157-112.29
*RES 3: 113-292 May 31 high
*RES 2: 113-277 Aug 22 high
*RES 1: 113-212 Jul Range High / Aug 31 high
*PRICE: 113-187 @ 10:02 GMT
*SUP 1: 113-117 Aug 29 low/50 and 100-DMA
*SUP 2: 113-045 Aug 8 low
*SUP 3: 112-010 Trendline support off May 17/Aug 1 low
*SUP 4: 112-915 61.8% 112.147-114.157
Having based at 113-117 on Aug 29, with good support (50-DMA 100-DMA) there, the
5-year future retains its neutral outlook. Though there is some resistance at
113-217 which represents the July range high and Aug 31 high, the key target
ahead is trendline resistance off the May 30 high at 113-245 which represents
the top of a descending range. Support remains at Aug 8 low at 113-045, below
that the uptrend at 112-010.

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