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

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (M0) Bulls Still In Charge
*RES 4: 124-152 2.382 projection of Jan 9 - Jan 31 rally from Feb 6 low
*RES 3: 124-062 2.236 projection of Jan 9 - Jan 31 rally from Feb 6 low
*RES 2: 123-23+ 2.000 projection of Jan 9 - Jan 31 rally from Feb 6 low
*RES 1: 123-14 High Mar 2
*PRICE: 122-222 @ 11:02 GMT, Mar 3
*SUP 1: 121-272 Low Feb 28
*SUP 2: 121-012 20-day EMA
*SUP 3: 121-01 Low Feb 25
*SUP 4: 120-09+ 50-day EMA
5yr futures remain bullish. The contract traded to a fresh high print yesterday
of 123-14. Last week's impulsive rally resulted in a breach of 120-256, Jan 31
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. Support is at 121-272, the next
objective is 123-23+.

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