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(H0) Round Trip *RES 4:........>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H0) Round Trip
*RES 4: 132-02+ High Oct 3 and Oct 7 and key resistance
*RES 3: 131-29 Feb 3 high
*RES 2: 131-20+ High Feb 4
*RES 1: 131-12+/16+ High Feb 18 / 76.4% of the Feb 3 - Feb 6 decline
*PRICE: 131-10+ @ 11:13 GMT, Feb 19
*SUP 1: 130-19+ Low Feb 12
*SUP 2: 130-07 Low Jan 29 and key near-term support
*SUP 3: 129-30+ 50-day EMA
*SUP 4: 129-17+ Low Jan 23
After rallying up to 131-12+, 10yr futures faded into the close Tuesday to keep
the technical picture unchanged. This sees the current bearish outlook hold, and
bulls need to top 131-16+ to open the early February highs. To the downside,
scope is seen for a move towards 129-30+, an area of support highlighted by the
50-day EMA.

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