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(H19): Closing In On 115 *RES...>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (H19): Closing In On 115
*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: 114-27+    @ 10:33 GMT, Feb 1
*SUP 1: 113-302/20 50-dma/50% 111-277-115-122
*SUP 2: 113-09/05  200-dma/100-dma
*SUP 3: 111-26+    Oct 8 ten-year low
*SUP 4: 111-07+    Oct 14 2008 low
*SUP 5: 110-29+    50% 96-25+-125-01+
5-Yr futures topped out at 114-30 yesterday, despite this pullbacks have so far
remained shallow and keeps the recent uptrend intact. Bulls 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 suggest a failed
break, bringing the 200 & 100-dma's back into view at 113-09-05.

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