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(M9) Breaks Above Triangle.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M9) Breaks Above Triangle Top
*RES 3: 124-02+ Dec 29 2017 high
*RES 2: 123-08 Jan 3 high
*RES 1: 123-03 Intraday high
*PRICE: 122-29 @ 15:23 GMT, Mar 15
*SUP 1: 121-02/01 Jan 18 low/38.2% 117-13+-123-08
*SUP 2: 120-26+ 100-dma
*SUP 3: 120-05+/04+ 200-dma/Dec 12-13 lows
10-Yr futures briefly showed above the triangle top Friday, topping out at
123-03 and showing momentum remains in favour of the bulls for now. Those
looking for further gains look for a close above 122-31 to cement the uptrend.
Above here opens the potential of a move toward multi-month highs at 124-02+. A
downside break of the base, brings the 50-dma back into view at 122-01+. Below
here shifts the focus to the Mar 4 low at 121-10 ahead of the Jan 18 low and
38.2% retracement of the Oct-Jan rally.

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