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(U18) Found a Base *RES 4:......>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (U18) Found a Base
*RES 4: 114-01 Jun 27 high
*RES 3: 113.444 61.8% 114.157-112.29
*RES 2: 113-292 May 31 high
*RES 1: 113-277 Aug 22 high
*PRICE: 113-195 @ 09:22 GMT
*SUP 1: 113-117 Aug 29 low
*SUP 2: 113-045 Aug 8 low
*SUP 3: 112-305 Aug 1 Low
*SUP 4: 112-915 61.8% 112.147-114.157
Having based at 113-117 on Wednesday, the 5-year future bounced to 113-197 and
retains its neutral outlook. Bulls initially target down trendline resistance
off the May 30 high at 113-25, a close above 113-277 changes the short-term
picture targeting a move toward the late May contract highs at 114-152. Support
remains at 113-117, below here opens the Aug 8 low at 113-045, ahead of the
61.8% retracement level at 112-915.

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