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(H19): Momentum Builds *RES.....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (H19): Momentum Builds
*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: 114-242     Intraday high
*PRICE: 114-23      @ 10:31 GMT, Jan 31
*SUP 1: 113-29/20   50-dma/50% 111-277-115-122
*SUP 2: 113-087/042 200-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+
US Tsy futures shifted higher yesterday on react to the dovish Fed. Momentum
spilled over into Asia/Europe with the recovery extending to 114-242. Bulls
target a break of 115-00 & the Jan 3 high to resume the uptrend, opening 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 113-087-042.

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