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(U18) Tuesday's Rally Looks.....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (U18) Tuesday's Rally Looks Like An Exhaustion Spike
*RES 4: 114-152 May 29 high
*RES 3: 114-095 Initial pullback low May 29, now resistance
*RES 2: 114-057 Intraday recovery high
*RES 1: 113-312 Hourly resistance
*PRICE: 113-230 @1035GMT
*SUP 1: 113-225 38.2% Fibo of 112-147/114-152
*SUP 2: 113-172 May 29 low
*SUP 3: 113-150 May 25 high, 50% Fibo of 112-147/114-152
*SUP 4: 113-090/092 May 28 low, May 24 high
*COMMENTARY* Had continued to gain considerably, especially over the last week
or so but Tuesday's 113-172/114-152 rise looks like 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, look to
113-225 and then that 113-1782 low for support and clues. A loss of the latter
would open up some further correction of the rise from 112-147.

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