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(H18) Above 122-04+ To Hint....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H18) Above 122-04+ To Hint At Correction
*RES 4: 122-10+ Hourly resistance Jan 26
*RES 3: 122-04+ Hourly support Jan 25 now resistance
*RES 2: 121-31  Low Jan 25 now resistance
*RES 1: 121-22  Hourly resistance Jan 31
*PRICE: 121-16 @ 0530GMT
*SUP 1: 121-10+ 2018 Low Jan 31
*SUP 2: 121-07+ Bollinger band base
*SUP 3: 121-04+ Daily Bear channel base
*SUP 4: 120-25+ Low Apr 29 2011
*COMMENTARY: Fresh 2018 and 6+ year lows lack follow through which is a concern
given O/S daily studies and the Bollinger base limiting follow through. Bulls
need a close above 121-31 to gain breathing room and above 122-04+ to hint at a
correction to 122-19+/20 where the 21-DMA (122-19+) is noted. Bears initially
focus on 120-25+ while 122-04+ caps but need a close below 121-10+ to add weight
to their case.

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