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(H18) Bulls Need Close Above...>

US 10YR FUTURE TECHS
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: 124-23+ Daily Bear channel top 
*RES 1: 124-20+ 55-DMA
*PRICE: 124-15 @ 0530GMT
*SUP 1: 124-08 Low Dec 14
*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 remains on the 124-20+/23+ resistance region where the
55-DMA and bear channel top are situated. Bulls 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 124-08 to ease pressure on the 55-DMA and below 124-05 to reconfirm
focus on the key 123-27/29+ support region.

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