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(U9) Rips to multi-year highs...>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (U9) Rips to multi-year highs
*RES 4: 119-01+ Sep 8 2017
*RES 3: 119-00 1.0% 10-dma envelope
*RES 2: 118-212 61.8% 122-28-111-26+
*RES 1: 118-18+ Aug 2 high
*PRICE: 118-16 @ 10:48 BST, Aug 2
*SUP 1: 117-08 Post Fed Low
*SUP 2: 116-19+ 100-dma
*SUP 3: 116-12 May 30 low
*SUP 4: 115-032 50% 111-26+ - 118-13
After the Fed decision disappointed bulls, Trump granted them a reprieve late
Thursday as the ratcheting higher of the trade dispute with China sent prices to
fresh multi-year highs of 118-18+. This exposes 118-212 as first resistance
ahead of the medium-term target of 119-01+. For downside momentum to pick up at
all, bears need to take out the 117-08 post-Fed low before a 116 handle can be
considered. NFP due later today will likely provide further volatility.

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