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(H0) Strength to Strength......>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H0) Strength to Strength
*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: 131-16+ 76.4% of the Feb 3 - Feb 6 decline
*PRICE: 131-15+ @ 16:12 GMT, Feb 20
*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
The market's modest uptrend firmed Thursday, with the general sequence of higher
lows giving bulls some confidence. Prices are nearing breakout territory, with
the next leg higher likely to target 131-29. Progress over the past few sessions
has seen the bearish outlook crumble. To the downside, bears eye 129-30+, an
area of support highlighted by the 50-day EMA.
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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