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(M0) Positive Outlook Remains...>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (M0) Positive Outlook Remains Intact
*RES 4: 126-046 3.236 Fibonacci projection of Jan 9 - 31 rally from Feb 6 low
*RES 3: 125-286 High Mar 9 and bull trigger
*RES 2: 125-222 High Mar 12
*RES 1: 125-216 High Apr 1
*PRICE: 125-152 @ 11:24 BST, Apr 20
*SUP 1: 124-302 Low Apr 14
*SUP 2: 124-202 Low Apr 7
*SUP 3: 124-186 Low Mar 25 and key near-term support
*SUP 4: 123-26+ Low Mar 20
5yr futures are trading below last week's high. A bullish outlook is however
still in place. On Apr 7, price bounced off 124-202, just ahead of the 20-day
EMA. The recovery is positive and reinforces the underlying bullish outlook. Key
S/T support is 124-186, Mar 25 low where a break would signal a more significant
reversal. Until then, the focus is on 125-222, Mar 16 high and the key
resistance at 125-286, Mar 9 high. A breach of 124-186 alters the picture.

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