Mortgage Bonds ended last week still trading in the middle of a wide range with a triple floor of support formed by the 25-day Moving Average, 100-day Moving Average and 100.758 Fibonacci level. The 10-year is battling with an important ceiling at the 100-day Moving Average and falling trendline that has been intact since late October. If this level is broken, there is a lot of room to the upside before reaching the next ceiling at 3.644%.