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(H18) 121-08/23+ Resistance....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H18) 121-08/23+ Resistance Now Key
*RES 4: 121-23+ Daily Bear channel top (off Dec 29 High)
*RES 3: 121-08  Hourly support Feb 9 now resistance
*RES 2: 121-00+ High Feb 26
*RES 1: 120-29+ 21-DMA
*PRICE: 120-25 @ 0310GMT
*SUP 1: 120-24  Hourly support Feb 26
*SUP 2: 120-15+ High Feb 22 now support
*SUP 3: 120-01  2018 Low Feb 15
*SUP 4: 119-24  Low Apr 21 2011
*COMMENTARY: The lack of follow through Thursday left a double daily bottom
120-01/02 with the recovery capped around the 21-DMA. Bulls now need a close
above 121-08 to gain breathing room and above the bear channel top to hint at a
correction to 122-14+/20. Layers of support are accumulating with bears now
needing a close below 120-15+ to retain focus on 119-20+/24 where the bear
channel base is situated.

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