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(Z17) Pullback Reaches 61.8%....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (Z17) Pullback Reaches 61.8% Fibo Retrace Level
*RES 4: 118-250 8 week bull channel top
*RES 3: 118-232 Aug 29 high
*RES 2: 118-205 Hourly high Aug 29
*RES 1: 118-167/175 Hourly resistance
*PRICE: 118-150 @1145GMT
*SUP 1: 118-115 61.8% of 118-040/118-232, Aug 31 low
*SUP 2: 118-085 76.4% Fibo of 118-040/118-232
*SUP 3: 118-065 8 week bull channel base
*SUP 4: 118-040 Aug 23 low
*COMMENTARY* The pullback from the week's earlier 118-232 high has reached
118-115, a 61.8% Fibo retrace of the gains seen from the Aug 16 low at 118-040.
Can allow a deeper 118-085/118-065 fall but any lower and the 8 week bull
channel base is threatened and with it recent upside momentum. While intact,
look to 118-167/118-205 for resistance, needing above the latter before
confidence is restored for another tilt at 118-232 and channel top at 118-250.

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