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(U18) Further Fall Has..........>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (U18) Further Fall Has 113-027/112-300 Support Within Sight
*RES 4: 113-207 May 31 low
*RES 3: 113-170 Jun 5 high
*RES 2: 113-130 Jun 6 high
*RES 1: 113-092 Hourly resistance
*PRICE: 113-045 @1015GMT
*SUP 1: 113-045 Hourly support
*SUP 2: 113-027 May 25 low
*SUP 3: 112-300 76.4% Fibo of 112-147/114-152
*SUP 4: 112-250 May 17 low
*COMMENTARY* Had continued to gain considerably, especially over the last week
or so but last Tuesday's 113-172/114-152 rise created an exhaustion spike. This
has basically seen a recovery to the upper 1% volatility band, a known inhibitor
to gains. The subsequent fall does nothing to question this so far, given the
loss of 113-192/113-172 support. Below then opens up some further correction of
the rise from 112-147, with support next from 113-027 and then 112-300.

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