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(H9) Range Trading *RES 4:.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H9) Range Trading
*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: 122-03        @ 10:30 GMT, Feb 19
*SUP 1: 121-18+/02    50-dma/Jan 18 low
*SUP 2: 120-04+       Dec 12-13 lows
*SUP 3: 120-03/119-29 100-dma/200-dma
*SUP 4: 118-25+       76.4% 117-13+-123-08
10-Yr futures continue to trade in a contracting triangle formation with bulls
looking for a break above the Feb 8 high at 122-15 to extend the broader
uptrend. Above here would initially open the Jan 3 high at 123-08, ahead of a
run at the Dec 29 2017 high at 124-02+. On the downside bears need to clear the
Feb 13 low & 50-dma at 121-21/18, to bring the Jan 18 low at 121-02 into view. A
break would enable a run at the 100-dma at 120-03.

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