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(H18) Below 123-24 Targets.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H18) Below 123-24 Targets Channel Base
*RES 4: 125-00 High Nov 28 
*RES 3: 124-26+ 55-DMA 
*RES 2: 124-19 Low Nov 27 now resistance 
*RES 1: 124-09 Alternating hourly support/resistance
*PRICE: 124-02 @ 0250GMT
*SUP 1: 123-29+ Monthly Low Nov 30
*SUP 2: 123-27 Lows Oct 25 & 27
*SUP 3: 123-25 Low Mar 30
*SUP 4: 123-10+ Daily Bear channel base
*COMMENTARY: A volatile end to the week saw the contract almost trade the week's
range on the day only to remain capped around the 55-DMA and ahead of the bear
channel top (124-28+). This week bulls look for a close above 125-00 to confirm
an easing of bearish pressure and above 125-14 to shift to a bullish bias
targeting an overall move back to 127-28+. A close below 123-27 is needed to
confirm focus on the bear channel base.

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