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(U18) Fresh Fall To Test........>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (U18) Fresh Fall To Test Mettle Of 113-050/113-037 Support
*RES 4: 113-240/255 Jul 2, Jun 28 highs
*RES 3: 113-210/215 Jul 3, Jul 5, Jul 19 highs
*RES 2: 113-175 Jul 23 high
*RES 1: 113-142 Jul 20 low, now resistance
*PRICE: 113-080 @1020GMT
*SUP 1: 113-050 Jun 21 low
*SUP 2: 113-037 Jul 12 low, 76.4% of 113-100/113-210
*SUP 3: 112-290/300 Jun 13 low, 76.4% of 112-147/114-152
*SUP 4: 112-260 Congestion area mid May
*COMMENTARY* Has moved below 113-100/113-095 support taking us out of the recent
consolidation range and once again eyeing 113-050/113-037 support. These now
become the protection to the main support area, which is still located between
112-300/112-290. Have to remain above the latter or overall bias switches to
lower again. Meanwhile, last Friday's 113-142 low now provides immediate
resistance, with yesterday's 113-175 high, of more consequence above.

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