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(M18) 119-265/119-230..........>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M18) 119-265/119-230 Support Holds Under Investigation
*RES 4: 121-145 76.4% Fibo of 122-020/119-140
*RES 3: 121-010 Feb 9 high, 61.8% Fibo of 122-020/119-140
*RES 2: 120-230/240 Mar 1 high, 50% Fibo of 122-020/119-140
*RES 1: 120-170 Mar 13 high
*PRICE: 120-120 @1030GMT
*SUP 1: 119-265 Mar 6, Mar 9 lows
*SUP 2: 119-230 Congestion area Feb 15-Feb 28
*SUP 3: 119-140 Feb 15 low
*SUP 4: 118-315 1% volatility band
*COMMENTARY* The recovery stalled at 120-230, just beneath the 50% Fibo retrace
level of the preceding 122-020/119-140 fall, at 129-240. Will need the added
stimulus of a break above the latter, before considering the potential for
increased 121-010/121-145 gains. In the interim, support from 120-025 low has
been lost, exposing the congested 119-230 region but has so far been held by
119-265. Nearest resistance now comes from Tuesday's 120-170 high.

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