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(H0) Trading Below Key.........>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H0) Trading Below Key Resistance
*RES 3: 131-29 Feb 3 high
*RES 2: 131-20+ High Feb 4
*RES 1: 131-12+/16+ High Feb 10 / 76.4% of the Feb 3 - Feb 6 decline
*PRICE: 130-31+ @ 15:37 GMT, Feb 17
*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
10yr futures played the recent range Friday and remained there amid market
closures Monday keeping the outlook somewhat negative. From a technical
perspective, the outlook remains bearish following the sharp losses between Feb
3 and Feb 6. The recent recovery between Feb 6 - Feb 10 is viewed as a
correction and scope is seen for a move towards 129-30+, an area of support
highlighted by the 50-day EMA. Key near-term resistance has been defined at
131-12+.

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