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(H0) Uptrend Extension *RES.....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (H0) Uptrend Extension
*RES 4: 121-276 1.236 projection of Jan 9 - Feb 3 rally from Feb 6 low
*RES 3: 121-13 1.00 projection of Jan 9 - Feb 3 rally from Feb 6 low
*RES 2: 121-00 Round number resistance
*RES 1: 120-302 0.764 projection of Sep 1 - Feb 3 rally from Feb 6 low
*PRICE: 120-286 @ 10:55 GMT, Feb 25
*SUP 1: 120-132 Low Feb 24
*SUP 2: 119-25 Low Feb 20
*SUP 3: 119-20/21 Low Feb 12 / Trendline support drawn off the Dec 24 low
*SUP 4: 119-15 Low Feb 6 and bear trigger
5yr futures continue to rally posting a fresh trend high today at 120-296.
Yesterday's key break was the move through resistance at 120-156, the Feb 3
high. The break higher confirmed a resumption of the broader uptrend that has
been in place since the Dec 13 low of 118-03+. MA studies are in a bull mode
reinforcing current trend conditions although it is worth noting that the trend
is overbought. Support is at 120-132, the next objective is 121-13.

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