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(U18) Uptrend Remains Intact....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (U18) Uptrend Remains Intact
*RES 4: 113-29.25 May 31 high
*RES 3: 113-28, 61.8% of 112.2925/114-1525
*RES 2: 113-26 Jul 6 high
*RES 1: 113-257 Intraday high
*PRICE: 113-195 @ 10:41 GMT
*SUP 1: 113-147 50% Retracement of Recent Recovery
*SUP 2: 113-127 Aug 6 high
*SUP 3: 113-045 Aug 8 low
*SUP 4: 112-305 Aug 1 Low
After making a marginal new high, the 5-yr note has pulled back to find support
in the 113-18 area. This setback has remained corrective and limited, still
holding above the 50% retracement level, keeping the uptrend intact. Pressure
looks set to remain on the upside with a sustained break above 113-25 opening
the way to the May 31 high of 113-292. Holding 113-147 maintains the positive
technical picture. Further significant support is in the 113-125/7 area.

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