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(H0) Clears The 100-dma *RES...>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H0) Clears The 100-dma
*RES 4: 130-28+ High Oct 11
*RES 3: 130-17+ High Nov 1
*RES 2: 130-060 High Jan 8 and a key resistance
*RES 1: 129-26+ Intraday high
*PRICE: 129-22+ @ 11:40 GMT, Jan 23
*SUP 1: 128-29 Low Jan 17
*SUP 2: 128-25 Low Jan 14
*SUP 3: 128-17+ Low Jan 97
*SUP 4: 128-05 Low Dec 30 and Low Jan 2
10yr futures are firmer again today and importantly have breached resistance
around the 100-dma at 129-20. The breach of this level effectively negates the
recent bearish outlook and instead signals a stronger developing bullish theme.
Attention is on 130-06, the Jan 8 high and the next key resistance. A break
would reinforce bullish conditions and open 130-17+, the Nov 1 high initially.
Key support is at 128-290, Jan 17 low.

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