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(U18) May 31 Low At 113-207.....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (U18) May 31 Low At 113-207 The Bar To Further Recovery
*RES 4: 114-020 Hourly high May 30
*RES 3: 113-292 May 31 high
*RES 2: 113-257 Hourly recovery high May 31
*RES 1: 113-207 May 31 low
*PRICE: 113-157 @1118GMT
*SUP 1: 113-090 Intraday low
*SUP 2: 113-070 Initial rally high Jun 7, now support
*SUP 3: 113-027/035 May 25, Jun 7 lows
*SUP 4: 112-300 76.4% Fibo of 112-147/114-152
*COMMENTARY* Found support on Thursday from 113-035, just ahead of the May 25
low at 113-027. The subsequent recovery has been relatively swift, reaching back
up towards the May 31 low at 113-207. This seen as the bar to a better
correction of losses sustained since the 114-152 high of May 29. In the interim,
support comes from above 113-090/113-070, back below the latter will disappoint
and put further gains in abeyance.

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