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(H18) Bulls Need Close Above...>

US 10YR FUTURE TECHS: (H18) Bulls Need Close Above Channel Top
*RES 4: 125-06+ Monthly high Nov 8 
*RES 3: 125-00  High Nov 28 
*RES 2: 124-24+ Daily Bear channel top 
*RES 1: 124-21+ 55-DMA
*PRICE: 124-18+ @ 2030GMT
*SUP 1: 124-13 Hourly breakout level Dec 13
*SUP 2: 124-05 Hourly support Dec 13
*SUP 3: 123-29 Low Dec 13
*SUP 4: 123-27 Lows Oct 25 & 27
*COMMENTARY: Pressure has returned to the 124-21+/24+ resistance region where
the 55-DMA and bear channel top are situated. Bulls now look for a close above
the channel top to shift immediate focus to 125-00/07+ where the 100-DMA is
located. Support layers are building and adding to bullish confidence. Bears now
need a close below 124-13 to ease pressure on the 55-DMA and below 124-05 to
reconfirm focus on the key 123-27/29 support region.