(U18) Range Trading Remains.....>

US 5YR FUTURE TECHS: (U18) Range Trading Remains The Name Of The Game

*RES 4: 113-280 61.8% Fibo of 114-152/112-290

*RES 3: 113-240/255 Jul 2, Jun 28 highs

*RES 2: 113-210/215 Jul 3, Jul 5, Jul 19 highs

*RES 1: 113-185/195 Hourly resistance

*PRICE: 113-165 @0925GMT

*SUP 1: 113-142 Jul 20 low, 61.8% of 113-100/113-210

*SUP 2: 113-125 Jul 12 low, 76.4% of 113-100/113-210

*SUP 3: 113-095/100 Jun 22, Jul 19 lows

*SUP 4: 113-050 Jun 21 low

*COMMENTARY* Sideways trading above 113-100/113-095 support remains the name of

the game but requiring a move back above 113-210/113-215 resistance, to break

out of this month long consolidation phase. Within this range, look to

113-185/113-195 for initial resistance and 113-142/113-125 for support. Above

113-215 and the Jun 28 high at 113-255 and the 61.8% Fibo retrace at 113-280 are

next. Loss of 113-095 would test the Jun 21 low at 113-050.