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(H19): Downtrend Still In.......>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (H19): Downtrend Still In Place
*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: 114-23+ Jan 14 high
*PRICE: 114-107 @ 11:11 GMT, Jan 30
*SUP 1: 113-2525/20 50-dma/50% 111-277-115-122
*SUP 2: 113-08+/027 200-dma/100-dma
*SUP 3: 111-26+ Oct 8 ten-year low
*SUP 4: 111-07+ Oct 14 2008 low
The downtrend since the beginning of 2019 remains firmly in place, and near-term
momentum indicators have yet to develop any positive signals, suggesting
pressure on 114.00 is set to remain for the time being. A move below 114.00
would suggest a further pullback into the 113-272 area, which currently
coincides with the 50-dma, before the uptrend is resumed. Gains above 114-23+
are needed to confirm the correction is complete and the uptrend can resume.

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