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(U9) 120-00 psychological.......>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (U9) 120-00 psychological level
*RES 4: 121-21+ Nov 9 2016 high
*RES 3: 120-00 Psychological level
*RES 2: 119-11+ Nov 15 2016 high
*RES 1: 119-10 Intraday high
*PRICE: 118-29 @ 10:38 BST, Aug 6
*SUP 1: 117-08 Post Fed Low
*SUP 2: 116-22 100-dma
*SUP 3: 116-12 May 30 low
*SUP 4: 115-182/06+ 50% 111-26+ - 119-10/200-dma
China 'manipulation' remarks triggered fresh risk-off with the 5-Yr printing
multi-year highs of 119-10. Bulls target the key resistance level at 120-00,
with a break here opening the Nov 9 2016 high at 121-21+. The outright trend
remains bullish, however technical indicators are starting to look stretched.
Former trendline resistance-turned-support comes in around 118.00 today, below
here would see bears return the focus to post Fed lows at 117-08.

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