(M0) Watching The Directional...>

US 5YR FUTURE TECHS: (M0) Watching The Directional Triggers

*RES 4: 126-046 3.236 projection of Jan 9 - Jan 31 rally from Feb 6 low

*RES 3: 126-00 Round number resistance

*RES 2: 125-286 High Mar 9 and bull trigger

*RES 1: 125-222 High Mar 12

*PRICE: 124-182 @ 10:33 GMT, Mar 17

*SUP 1: 123-272 Low Mar 10

*SUP 2: 123-08 Low Mar 5

*SUP 3: 123-04+ 20-day EMA

*SUP 4: 122-16 Low Mar 3

5yr futures continue to trade below the Mar 9, 125-286 high. While the technical

trend remains bullish, futures need to clear last week's high to confirm a

resumption of the uptrend. A failure to do so would leave the Mar 10 low of

123-272 exposed. This level also represents a key short-term support where a

break would allow for a much needed correction lower. For now, 125-286 and

123-272 still represent the key near-term directional triggers.