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124.00 Holding For Now *RES....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: 124.00 Holding For Now
*RES 4: 127-26+/28+ 61.8% 134-07+-117-13+/Sep 8 2017 high
*RES 3: 125-26+     50% 134-07+-117-13+
*RES 2: 124-31      Mar 27 high
*RES 1: 124-27      May 15-16 highs
*PRICE: 124-06      @ 09:34 GMT, May 22
*SUP 1: 122-30/26+  May 3 low/100-dma
*SUP 2: 122-02      38.2% 117-13+-124-31
*SUP 3: 121-02+/02  200-dma/Jan 18 low
*SUP 4: 120-04+     Dec 12-13 lows
US Tsy futures posted the 3rd consecutive down day yesterday with pullbacks so
far managing to hold above 124-00. Bears target yesterday's low at 124-01 and
the 21-dma just below at 123-29 with a downside break opening the May 10 low &
50-dma at 123-26+/21. Bulls need to recover Friday's high at 124-25 and the May
15/16 highs at 124-27 to reignite upside momentum, opening a move towards the
March 27 ytd high at 124-31.

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