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(M18) Slight Break Of Recent....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (M18) Slight Break Of Recent Range Base Followed By Bounce
*RES 4: 114-127/155 Mar 2, Feb 14 highs, 50% 115-127/113-190
*RES 3: 114-092 Mar 14 high, 38.2% of 115-127/113-190
*RES 2: 114-040 Mar 19 high
*RES 1: 114-010 Hourly resistance
*PRICE: 113-305 @1044GMT
*SUP 1: 113-222 Hourly support
*SUP 2: 113-190 Mar 21 low
*SUP 3: 112-277 1% volatility band
*SUP 4: 112-210 Equality fall target from 118-320
*COMMENTARY* A slight break below the base of the recent 113-210/114-127 range
on Wednesday, a low of 113-190 before bouncing. Now seeing resistance from
114-010 initially, 114-040 thereafter. Back above the Mar 14 high at 114-092
however remains critical to any near term recovery hopes. Nearest support
113-222  but back beneath 113-190 and the lower 1% volatility band at 112-277
and the equality fall target at 112-210 become next targets.

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