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(H19): Bullish Exhaustion.......>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (H19): Bullish Exhaustion
*RES 4: 115-212     Feb 6 high
*RES 3: 115-14      50% 119-01-111-26
*RES 2: 115-122     Jan 3 high
*RES 1: 114-30      Jan 31 high
*PRICE: 114-152+    @ 10:25 GMT, Feb 4
*SUP 1: 113-31/20   50-dma/50% 111-277-115-122
*SUP 2: 113-092/052 200-dma/100-dma
*SUP 3: 111-26+     Oct 8 ten-year low
*SUP 4: 111-07+     Oct 14 2008 low
Having topped out at 114-30 last week, bullish exhaustion has seen 5-Yr futures
ease toward the 114-15 area to retain its neutral outlook. Bulls continue to
target a break of 115-00 & the Jan 3 high to build on momentum, opening a move
towards the 50% retracement level at 115-14. Bears need to clear the 50-dma to
confirm a failed break, bringing the 200 & 100-dma's back into view at
113-092/052.

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