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Bulls Near May Highs *RES 4:...>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: Bulls Near May Highs
*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: 123-29+       Apr 10 high
*PRICE: 123-31+       @ 09:40 GMT, May 8
*SUP 1: 122-15+       100-dma
*SUP 2: 122-02/121-02 38.2% 117-13+-124-31/Jan 18 low
*SUP 3: 120-27/04+    200-dma/Dec 12-13 lows
*SUP 4: 119-22        Dec 4 low
Despite closing above the 124 level yesterday, bulls have so far failed to take
out the May 1 high at 124-04. Topside focus remains on a break of this level to
bring the Mar 27 high back into view at 124-31, ahead of the 50% retracement at
125-26+. On the downside a break below the 55-dma at 123-06 and Friday's low at
122-30 is needed to suggest further weakness towards the April 17 low & 100-dma
at 122-20/15+.

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