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(Z9) Remains in neutral *RES....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (Z9) Remains in neutral
*RES 4: 122-28+ High Jun 24 2016
*RES 3: 121-21+ High Nov 9 2016
*RES 2: 120-297 1.0% 10-dma envelope
*RES 1: 120-13 Sep 4 High
*PRICE: 119-15 @ 11:19 BST, Sep 10
*SUP 1: 118-21+ Low Aug 13
*SUP 2: 118-122 Pivot level
*SUP 3: 118-197/117-08 50-dma/Post Fed Low
*SUP 4: 117-202 100-dma
Having inched higher to touch new cycle highs at 120-13 last week, prices
retreated into the Friday close and have carried the theme through to this week.
This leaves the outlook looking largely neutral, with 119-152 the first support
and 120-00 the topside level. Bears could shift the outlook more negative of key
support at 119-107-117. The recent sell-on-rallies theme hurts the bullish
argument somewhat, making recent highs at 120-13 look out of sight for now.

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