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(H18) Immediate Focus On.......>

US 10YR FUTURE TECHS: (H18) Immediate Focus On 120-25+
*RES 4: 122-20  Low Jan 12 now resistance
*RES 3: 122-10+ Hourly resistance Jan 26
*RES 2: 122-04+ Hourly support Jan 25 now resistance
*RES 1: 121-31  Low Jan 25 now resistance
*PRICE: 121-21 @ 2030GMT
*SUP 1: 121-17  2018 Low Jan 30
*SUP 2: 121-15  Bollinger band base
*SUP 3: 121-08+ Daily Bear channel base
*SUP 4: 120-25+ Low Apr 29 2011
*COMMENTARY: Fresh 2018 and 6+ year lows have lacked a little follow through
which is a concern given daily studies overdue a correction from O/S levels and
the Bollinger base limiting follow through. Bulls need a close above 122-04+ to
hint at a correction to 122-26+/123-20 with above 122-20 to confirm. Bears
initially focus on 120-25+ while 122-20 caps but need a close below 121-17 to
add weight to their case.

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