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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: 115-022    Mar 8 high
*PRICE: 114-277    @ 10:06 GMT, Mar 14
*SUP 1: 113-252/20 100-dma/50% 111-277-115-122
*SUP 2: 113-147    200-dma
*SUP 3: 112.20/25  Series of previous lows
*SUP 4: 111-07+    Oct 14 2008 low
*SUP 5: 110-29+    50% 96-25+-125-01+
Having based ahead of the 50-dma yesterday, 5-Yr futures remain in a
consolidating pattern and keep the recent uptrend intact. Bulls look to clear
the 115-00 level and Mar 8 high, a break opens a move toward the Jan 3 ytd high
& 50% retracement level at 115-122/14. A downside break of the 50-dma would see
bears look to challenge the 100-dma & 50% retracement at 113-252/20.

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