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

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: 114-020 Hourly recovery high May 30

*RES 1: 113-292/300 Hourly resistance

*PRICE: 113-222 @1027GMT

*SUP 1: 113-192 Hourly base May 29

*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, now looking

to 113-192 and then that 113-172 low for support and clues. A loss of the latter

would open up some further correction of the rise from 112-147.