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US 5YR FUTURE TECHS: (U18)......>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: US 5YR FUTURE TECHS: (U18) Bullish Breakout
*RES 4: 113-240/255 Jul 2, Jun 28 highs
*RES 3: 113-210/215 Jul 3, Jul 5, Jul 19 highs
*RES 2: 113-175 Jul 23 high
*RES 1: 113-167 Intraday high
*PRICE: 113-145 @ 11:27 GMT
*SUP 1: 112-305 Aug 1 low
*SUP 2: 112-290/300 Jun 13 low, 76.4% of 112-147/114-152
*SUP 3: 112-260 Congestion area mid-May
*SUP 4: 112-147 May 17 low
The US 5-Year Future has broken sharply higher through the top end of the recent
trading range as well as the 100-dma to generate a renewed bullish signal. Gains
are also developing an impulsive structure, with momentum indicators finally
giving positive signals. This move higher also represents a clear break of the
down trendline resistance. The next technical target is the 113-21 area. Initial
support is now at 113-11.

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