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(M18) 21-DMA Now Supporting.....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (M18) 21-DMA Now Supporting
*RES 4: 115-12+ Monthly High Feb 6
*RES 3: 115-00  High Feb 14
*RES 2: 114-27  High Feb 9
*RES 1: 114-15+ High Feb 14
*PRICE: 114-08+ @ 1030GMT
*SUP 1: 114-05+ 21-DMA
*SUP 2: 113-31  High Feb 28 now support
*SUP 3: 113-21  2018 Low Feb 15
*SUP 4: 113-06  Weekly Bear channel base
*COMMENTARY: Failure to take out 2018 lows on the aggressive correction from the
21-DMA is a concern for bears as sees M18 looking to gain traction above the
21-DMA. Bulls now look for a close above 114-15+ as confirmation with immediate
focus then shifting to 114-27/00 where the 55-DMA is situated. Bears now need a
close below 113-31 to retain focus on 113-06/21 where the weekly bear channel
base and Feb low are noted.

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