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Elevated Levels *RES 4:........>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: Elevated Levels
*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: 124-20        Intraday high
*PRICE: 124-18+       @ 09:17 GMT, May 15
*SUP 1: 122-30/21+    May 3 low/100-dma
*SUP 2: 122-02/121-02 38.2% 117-13+-124-31/Jan 18 low
*SUP 3: 120-30+/04+   200-dma/Dec 12-13 lows
*SUP 4: 119-22        Dec 4 low
The uptrend in US Tsy futures remains intact with the 10y breaching Monday's
high to 124-20. Topside focus remains on a break of the Mar 27 high at 124-31,
above here opens the 76.4% retracement of the Sep 2017-Oct 2018 decline at
125-14. Bears need to clear Friday's low at 123-26+, while a break would suggest
a move towards the 55-dma at 123-11 ahead of the May 3 low & 100-dma at
122-30/21+.

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