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(M18) Decline Heads Back........>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (M18) Decline Heads Back Toward Base Of Recent Range
*RES 4: 114-200 Feb 7 high
*RES 3: 114-127/155 Mar 2, Feb 14 highs
*RES 2: 114-092 Mar 14 high
*RES 1: 114-040/057 Mar 19, Mar 16 highs
*PRICE: 113-252 @0955GMT
*SUP 1: 113-222/232 Feb 20-Feb 28 lows
*SUP 2: 113-210 Feb 15 low
*SUP 3: 112-277 1% volatility band
*SUP 4: 112-210 Equality fall target from 118-320
*COMMENTARY* Moving gradually back down the recent 113-210/114-127 range.
Tuesday's loss of 113-270 support now puts pressure back on 113-232/113-222 and
then the base at 113-210. As a result. resistance falls slightly to
114-040/114-057 but back above the Mar 14 high at 114-092 remains critical to
any near term recovery hopes. Beneath 113-210 and the lower 1% volatility band
at 112-277 and the equality fall target at 112-210 become next targets.

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