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(H0) Bullish Price Sequence....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H0) Bullish Price Sequence Intact
*RES 4: 134-07+ High Jul 6 2016
*RES 3: 134-03+ 2.0% 10-dma envelope
*RES 2: 133-18+ 1.00 projection of Jan 9 - Feb 3 rally from Feb 6 low
*RES 1: 133-10+ High Feb 25
*PRICE: 132-27+ @ 11:33 GMT, Feb 26
*SUP 1: 131-29 High Feb 3 and former breakout level
*SUP 2: 130-30 Low Feb 19 and 20
*SUP 3: 130-19+ Low Feb 12
*SUP 4: 130-07 Low Jan 29 and key near-term support
The uptrend in Treasuries remains intact, with a fresh high print yesterday at
133-10+. Recent gains resulted in a break of the early Feb and 2020 highs of
131-29 putting bulls solidly in control and confirming a resumption of the
uptrend. Resistance at 132-02+ has also been cleared. MA studies are in a bull
mode reinforcing current trend conditions although it is worth noting that the
trend is overbought. Support is at 131-29, scope is for a climb to 133-18+ next.

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