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(M0) Uptrend Still Clearly......>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (M0) Uptrend Still Clearly Intact
*RES 4: 124-226 2.500 projection of Jan 9 - Jan 31 rally from Feb 6 low
*RES 3: 124-152 2.382 projection of Jan 9 - Jan 31 rally from Feb 6 low
*RES 2: 124-062 2.236 projection of Jan 9 - Jan 31 rally from Feb 6 low
*RES 1: 124-00 High Mar 3
*PRICE: 123-222 @ 11:40 GMT, Mar 5
*SUP 1: 122-16 Low Mar 3
*SUP 2: 121-272 Low Feb 28
*SUP 3: 121-156 20-day EMA
*SUP 4: 121-01 Low Feb 25
5yr futures maintain a clear bullish condition. The contract registered a fresh
high print Tuesday of 124-00. 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. A key
near-term support has been defined at 122-16, the Mar 3 low.

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