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(M9) Plays the Range *RES 4:....>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (M9) Plays the Range
*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: 115-047 Mar15 high
*PRICE: 115-012 @ 10:05 GMT, Mar 19
*SUP 1: 113-275/20 100-dma/50% 111-277-115-122
*SUP 2: 113-167 200-dma
*SUP 3: 112.20/25 Series of previous lows
*SUP 4: 111-07+ Oct 14 2008 low
Mar15 highs remain the target for bulls, a level that never really came into
play Monday after a more muted session. Nonetheless, the 5-yr future's ability
to hold recent gains keeps near-term momentum pointing to the upside and a break
above 115-047 would open the Jan 3 ytd high & 50% retracement level at
115-122/14. A downside break of the 50-dma is needed to return focus to the
100-dma & 50% retracement at 113-275/20.

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