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(H18) 123-09+/26+ Resistance...>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H18) 123-09+/26+ Resistance Key
*RES 4: 123-25+ 21-DMA
*RES 3: 123-20 High Jan 8
*RES 2: 123-09 Hourly support Jan 9 now resistance
*RES 1: 123-03 High Jan 10
*PRICE: 123-01+ @ 2030GMT
*SUP 1: 122-28+ Hourly resistance Jan 10 now support
*SUP 2: 122-22+ Monthly Low Apr 4 2014, 2018 Low Jan 10
*SUP 3: 121-22+ Monthly Low July 1 2011
*SUP 4: 120-25+ Low Apr 29 2011
*COMMENTARY: Fresh 3+yr lows continue resulting in a dip below the bear channel
base before finding support at 122-22+. Bears now look for a close below this
level to shift focus to 120-25+/121-22+. The Bollinger base (122-30+) is a
concern for bears and limits follow through. Layers of resistance remain with
bulls needing a close above 123-09 to ease bearish pressure and above the 21-DMA
to shift focus to 124-02+/13+ where the bear channel top and 55-DMA are noted.

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