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(U9) Consolidation Phase *RES...>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (U9) Consolidation Phase
*RES 4: 119-01+     Sep 8 2017 High
*RES 3: 118-15+/31  Upper Bollinger Band (3%)/Sep 7 2017 high
*RES 2: 118-212     61.8% 122-28-111-26+
*RES 1: 118-12/13   Jul 3 high/Jun 25 high
*PRICE: 117-27+     @ 10:18 BST, Jul 25
*SUP 1: 117-142/08+ 50-dma/Jun 11 low
*SUP 2: 116-13+     100-dma
*SUP 3: 116-12      May 30 low
*SUP 4: 115-032     50% 111-26+-118-13
5-Yr futures remain in a holding pattern with gains above 118-00 so far proving
hard to overcome. Bulls take encouragement from the positive hold above former
trendline-resistance-turned support and the 50-dma. This returns the focus to
recent cycle highs & the 61.8% retracement level at 118-13/212, a break would
reignite upside momentum opening 119-01+ & the psychological 120-00 level.
Support at 116-13+ from the 100-dma.

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