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(U9) Consolidates Quietly.......>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (U9) Consolidates Quietly
*RES 4: 118-31/317 Sep 7 2017 high/Upper Bollinger Band (3%)
*RES 3: 118-212 61.8% 122-28-111-26+
*RES 2: 118-00/05 Series of prev lows Jun/Dec 2015
*RES 1: 118-012 Jun 7 high
*PRICE: 117-192 @ 10:57 BST, Jun 17
*SUP 1: 116-142/12 Mar 27 high/May 30 low
*SUP 2: 115-157/03+ 100-dma/May 3 low
*SUP 3: 114-30 50% 111-26+-118-012
*SUP 4: 114-087/06+ 200-dma/ 61.8% fibo
5-Yr futures consolidated Monday, with light volumes and few risk events leaving
the market bereft of momentum. This keeps the technical outlook largely
unchanged, with topside focus on a break of the 118-00/05 level. Momentum
indicators are starting to look stretched and failure around here could trigger
a short-term reversal. Bears need to clear the May 30 low at 116-12, before
challenging a run at the 116-00 level & 100-dma.

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