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(H9): 50-DMA Underpins *RES.....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (H9): 50-DMA Underpins
*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: 114-232         @ 10:25 GMT, Feb 20
*SUP 1: 114-102+/113-20 50-dma/50% 111-277-115-122
*SUP 2: 113-127/112     100-dma/200-dma
*SUP 3: 111-26+         Oct 8 ten-year low
*SUP 4: 111-07+         Oct 14 2008 low
5-Yr futures consolidate in the 114-115 range, looking for direction. The 50-dma
continues to provide support with a break needed to bring the 50% retracement
level at 113-20 into view. Below here opens key support from the 100 & 200-dma's
at 113-127/112. Bulls need to clear the 115-00 level & the Jan 3 high to build
on momentum, before challenging the 50% retracement level & Feb 6 high at
115-14/212.

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