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(H18) 120-010 Protects The.....>

US 10YR FUTURE TECHS: (H18) 120-010 Protects The Lower 1% Volatility Band
*RES 4: 121-075 Feb 14 high
*RES 3: 120-300 Hourly low Feb 14, now resistance  
*RES 2: 120-245 Hourly low Feb 12, now resistance
*RES 1: 120-180 Feb 5 low, Feb 15 high
*PRICE: 120-155 @1139GMT
*SUP 1: 120-010 Feb 15 low, Mar 2008 high
*SUP 2: 119-235 1% volatility band
*SUP 3: 119-115 Sep 2008 high, now support
*SUP 4: 118-315 Median line off 2012 highs
*COMMENTARY* Continued to fall for most of the week, most latterly through the
month's previous 120-180/120-170 lows. A low of 120-010 on Thursday, in line
with the March 2008 high. Any lower and the 1% volatility band, at 119-235 by
time today, becomes the next downside attraction. In the interim, nearest
resistance comes from those previous lows but will likely currently need a move
back above 120-245/120-300, before near term downside bias is slowed. 

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