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(H0) Bulls Firmly In Charge....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H0) Bulls Firmly In Charge
*RES 4: 133-18+ 1.00 projection of Jan 9 - Feb 3 rally from Feb 6 low
*RES 3: 133-00 Round number resistance
*RES 2: 132-25 0.764 projection of Jan 9 - Feb 3 rally from Feb 6 low
*RES 1: 132-20+ Intraday high
*PRICE: 132-16 @ 11:50 GMT, Feb 24
*SUP 1: 131-29 High Feb 3
*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 was cemented Friday with a break above the early
February and 2020 highs of 131-29 putting bulls solidly in control. Key
resistance at 132-02+ also gave way and today, futures have extended their
gains. Moving average studies are in a bull mode reinforcing current trend
conditions although it is worth noting that the trend is close to being
overbought once again. Support is at 131-29, the next objective is 132-25.

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