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(Z9) Inside range *RES 4:.......>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (Z9) Inside range
*RES 4: 122-28+ High Jun 24 2016
*RES 3: 121-21+ High Nov 9 2016
*RES 2: 120-13 Sep 4 High
*RES 1: 119-27+ 1.0% 10-dma envelope
*PRICE: 118-302 11:16 BST, Sep 24
*SUP 1: 118-03 Pullback Low
*SUP 2: 117-317 76.4% 117-08-120-13
*SUP 3: 117-30+ 100-dma
*SUP 4: 117-08 Low Jul 31
Five-year futures traded horizontally overnight, keeping the broader technical
outlook unchanged. This extends the mini-uptrend seen since the beginning of
September after highs were hit yesterday at 119-05+. A recovery back above the
119-07 mark would flip the outlook bullish, and bring vol band resistance at
119-28 into view. Bears look for a break back below the 50-dma, which would open
118-03, the pullback low.

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