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Downtrend Extends Towards......>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: Downtrend Extends Towards 123-00
*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: 123-02+       @ 09:35 GMT, May 3
*SUP 1: 122-12+       100-dma
*SUP 2: 122-02/121-02 38.2% 117-13+-124-31/Jan 18 low
*SUP 3: 120-25/04+    200-dma/Dec 12-13 lows
*SUP 4: 119-22        Dec 4 low
US tsy futures extend the downtrend towards the 123-00 level with the next
support area at 122-20/25 which has registered a series of previous lows. Below
here opens the 100-dma & 38.2% retracement level at 122-12+/02. Bulls need to
recover yesterday's high at 123-21, before returning the focus to the 124-00/05
zone, ahead of the Mar 27 high at 124-31.

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