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(M9): Consolidation Phase.......>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (M9): Consolidation Phase
*RES 4: 115-212 Feb 6 high
*RES 3: 115-14     50% 119-01-111-26
*RES 2: 115-122    Jan 3 ytd high
*RES 1: 114-30     Jan 31 high
*PRICE: 114-11     @ 10:18 GMT, Mar 5
*SUP 1: 113-20 50% 111-277-115-122
*SUP 2: 113-192/13 100-dma/200-dma
*SUP 3: 111-26+    Oct 8 ten-year low
*SUP 4: 111-07+    Oct 14 2008 low
Topside gains have so far been capped ahead of the 50-dma, with the 5-Yr future
consolidating in narrow range trade. Bears need a downside break of 114-00 to
bring the 50% retracement level & 100-dma into view at 113-20/192, below here
opens key support from the 200-dma at 113-13. Bulls look to clear the 115-00
level & the Jan 3 high to regain control, before challenging the 50% retracement
level & Feb 6 high at 115-14/212.

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