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(U9) Momentum Building *RES.....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (U9) Momentum Building
*RES 4: 119-01+     Sep 8 2017 High
*RES 3: 118-302/31  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: 117-267     @ 10:43 BST, Jul 11
*SUP 1: 117-08+/012 Jun 11 low/50-dma
*SUP 1: 116-12      May 30 low
*SUP 2: 116-03+     100-dma
*SUP 3: 115-032     50% 111-26+-118-13
5-Yr futures bounced sharply yesterday, underpinned by Fed Chair Powell's
testimony. The recovery approaches 118-00 and puts immediate focus back on the
Jun 25 high, a level that has so far proved hard to overcome. Momentum
indicators turn positive once again, suggesting a resumption of the uptrend. The
50-dma provides initial support at 117-012.

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