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(H18) Bulls Need Close Above...>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H18) Bulls Need Close Above 122-20
*RES 4: 123-09 Hourly support Jan 9 now resistance
*RES 3: 123-05+ Highs Jan 11 & 16, 21-DMA
*RES 2: 122-30 Hourly resistance Jan 17
*RES 1: 122-20 Low Jan 12 now resistance
*PRICE: 122-15 @ 0530GMT
*SUP 1: 122-10 Hourly support Jan 23
*SUP 2: 122-06 Hourly resistance Jan 22 now support
*SUP 3: 122-01+ 2018 Low Jan 22
*SUP 4: 121-22+ Monthly Low July 1 2011
*COMMENTARY: Follow through has been lacking on the most recent 2018 and 6+ year
low with O/S daily studies looking to correct the key concern for bears. The
122-20 resistance is key today. Bulls need a close above this level to hint at a
correction back to 123-05+/123-20 where a channel top and 21-DMA are situated.
Bears remain focused on 120-25+/121-22+ but now need a close below 122-10 to
gain breathing room.

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