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(H0) Mini Uptrend *RES 4:.......>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (H0) Mini Uptrend
*RES 4: 120-182 1.500 projection of Dec 24 - Jan 8 rally from Jan 9 low
*RES 3: 120-156 Feb 3 high and key resistance
*RES 2: 120-092 High Feb 4
*RES 1: 120-09 High Feb 21
*PRICE: 120-052 @ 11:10 GMT, Feb 21
*SUP 1: 119-21 Low Feb 12
*SUP 2: 119-15 Low Feb 6 and bear trigger
*SUP 3: 119-096 50-day EMA
*SUP 4: 119-036 Low Jan 24
5yr futures edged higher for much of the Thursday session, closing above the
previous weekly high. This has eroded the near-term bearish case for now, but
markets remain wary of a pullback from present levels which would initially
target the 50-day EMA. Should momentum continue to carry markets higher, 120-092
is the initial target ahead of key resistance at 120-156.
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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