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(Z9) Uptrend countered *RES.....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (Z9) Uptrend countered
*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: 119-30 1.0% 10-dma envelope
*PRICE: 118-31+ 11:14 BST, Sep 26
*SUP 1: 118-03 Pullback Low
*SUP 2: 118-01 100-dma
*SUP 3: 117-317 76.4% 117-08-120-13
*SUP 4: 117-08 Low Jul 31
The mini-uptrend seen since mid-September stalled Wednesday, returning the
near-term outlook to unchanged and returning focus to the 50-dma support at
118-272. The previous recovery back above 119-07 had proved a bullish trigger,
and this remains the target for those wishing to keep the uptrend in tact. Bears
look for a break back below the 50-dma, which would open 118-03, the pullback
low.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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