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(M9) Symmetrical Triangle......>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M9) Symmetrical Triangle
*RES 4: 125-26+     50% 134-07+-117-13+
*RES 3: 124-02+     Dec 29 2017 high
*RES 2: 123-08      Jan 3 high
*RES 1: 122-31      Mar 12 high
*PRICE: 122-23+     @ 10:15 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
*SUP 4: 119-22/20+  Dec 4 low/76.4% 117-13+-123-08
10-Yr futures have charted a symmetrical triangle, suggesting a breakout is
imminent. Bulls look to clear the triangle top & Mar 12 high at 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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