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(H0) Powers Through Handle.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H0) Powers Through Handle Resistance
*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: 133-06 Intraday high
*PRICE: 133-05+ @ 16:20 GMT, Feb 25
*SUP 1: 131-29 High Feb 3
*SUP 2: 130-30 Low Feb 19 and 20
*SUP 3: 130-19+ Low Feb 12
The uptrend in Treasuries firmed further Tuesday, with a fresh high print today
at 133-06. Recent gains have resulted in a break of the early February and 2020
highs of 131-29 putting bulls solidly in control and confirming a resumption of
the uptrend. Key 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, the next objective is
133-18+.

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