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(H0) Weaker Tone Returns.......>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H0) Weaker Tone Returns
*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 10 / 76.4% of the Feb 3 - Feb 6 decline
*PRICE: 130-22+ @ 16:01 GMT, Feb 12
*SUP 1: 130-07 Low Jan 29 and key near-term support
*SUP 2: 129-28+ 50-day EMA
*SUP 3: 129-17+ Low Jan 23
*SUP 4: 129-12 Low Jan 22
10yr futures traded lower again Wednesday. Sharp losses between Feb 3 and Feb 6
are expected to weigh on price and the recent recovery between Feb 6 - Feb 10
was viewed as a correction. Last week futures cleared support at 130-30, the Jan
31 low and 130-13+, Jan 29 low signalling scope for a deeper pullback towards
129-28+, an area of support highlighted by the 50-day EMA. Resistance has been
defined at 131-12+.

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