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(M0) Bulls Still Firmly In.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M0) Bulls Still Firmly In The Driving Seat
*RES 4: 138-02+2.236 projection of Jan 9 - Feb 3 rally from Feb 6 low
*RES 3: 137-07 2.000 projection of Jan 9 - Feb 3 rally from Feb 6 low
*RES 2: 137-00 Round number resistance
*RES 1: 136-23 High Mar 3
*PRICE: 136-01+ @ 16:34 GMT, Mar 4
*SUP 1: 134-09 Low Mar 3
*SUP 2: 133-14 Low Feb 28
*SUP 3: 132-15 20-day EMA
*SUP 4: 131-30 High Feb 3 and former breakout level
Treasuries remain bullish. The contract traded to a fresh high print Tuesday of
136-23 following the Fed rate cut. Last week's impulsive rally resulted in a
breach of 131-30, Feb 3 high. The break confirmed a resumption of the broader
uptrend that has been in place since the Dec lows and bulls have not looked
back. MA studies remain in bull mode reinforcing current trend conditions. A key
near-term support has been defined at 134-09., the Mar 3 low.

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