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(H18) Below 113-31+ Targets.....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (H18) Below 113-31+ Targets 112-12+
*RES 4: 114-24+ High Feb 14
*RES 3: 114-17+ High Feb 26
*RES 2: 114-15 21-DMA
*RES 1: 114-09+ Hourly support Feb 27 now resistance
*PRICE: 114-03+ @ 1030GMT
*SUP 1: 113-31+ 2018 Low Feb 15
*SUP 2: 113-25+ Bollinger band base
*SUP 3: 113-22 Weekly Bear channel base
*SUP 4: 112-12+ Monthly Low June 2009
*COMMENTARY: Pressure has returned to the 2018 and 7+yr low with the weekly bear
channel base noted just below. Bears now look for a close below 2018 lows to
confirm focus on 112-12+ last seen in June 2009. O/S daily studies remain the
key concern for bears. Bulls now need a close above 114-17+ to confirm a break
of the 21-DMA and ease bearish pressure. Above 114-24+ is needed to shift
initial focus to 115-03+/08+ where the 55-DMA is noted.

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