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(H18) Pressure Returns To......>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H18) Pressure Returns To Key Support
*RES 4: 124-23 High Dec 6 
*RES 3: 124-22+ Daily Bear channel top 
*RES 2: 124-20+ 55-DMA 
*RES 1: 124-13+ High Dec 18
*PRICE: 124-08 @ 2030GMT
*SUP 1: 124-05 Hourly support Dec 13
*SUP 2: 123-29+ Low Dec 13
*SUP 3: 123-27 Lows Oct 25 & 27
*SUP 4: 123-04+ Daily Bear channel base
*COMMENTARY: Repeated topside failures ahead of the key 124-20+/23+ resistance
region where the bear channel top and 55-DMA are located sees pressure back on
the 124-05 support. Bears need a close below 124-05 to ease pressure on the
55-DMA and reconfirm focus on the key 123-27/29+ support region. Below 123-27
targets the channel base around 123-04+ today. Bulls now look for a close above
124-13+ to retain focus on 124-20+/23+.

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