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(H9) Feb 20 High Capping.......>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H9) Feb 20 High Capping Gains
*RES 4: 127-28+       Sep 8, 2017 high
*RES 3: 125-26+       50% 134-07+-117-13+
*RES 2: 124-02+       Dec 29 2017 high
*RES 1: 123-08        Jan 3 high
*PRICE: 122-02+       @ 11:07 GMT, Feb 28
*SUP 1: 121-25+/02    50-dma/Jan 18 low
*SUP 2: 120-04+       Dec 12-13 lows
*SUP 3: 120-11/120-00 100-dma/200-dma
*SUP 4: 118-25+       76.4% 117-13+-123-08
10-Yr futures continue to trade in a tight contracting range with the Feb 20
high at 122-12 remaining intact. A break above here would suggest a bullish
continuation pattern opening the Jan 31 high at 122-19 ahead of the Jan 3 high
at 123-08. Bears look to break below yesterday's low & 50-dma at 121-28/25+ to
post a lower low. A downside break would open the Jan 18 low at 121-02, ahead of
the Dec 26 low at 120-28.

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