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(H18) Topside Follow Through...>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (H18) Topside Follow Through Lacking
*RES 4: 122-30  Hourly resistance Jan 17
*RES 3: 122-20  Low Jan 12 now resistance
*RES 2: 122-05+ Hourly resistance Feb 6a
*RES 1: 121-23  Hourly resistance Feb 6
*PRICE: 121-12 @ 2030GMT
*SUP 1: 121-10+ Alternating support/resistance
*SUP 2: 120-18  2018 Low Feb 5
*SUP 3: 119-24  Low Apr 21 2011
*SUP 4: 118-24  Low Apr 13 2011
*COMMENTARY: Bulls have failed to capitalise on the bullish key day reversal
with the contract rejected ahead of key 122-20 resistance and remaining heavy.
Bears continue to look for a close below 121-10+ to return initial focus to 2018
lows and then below 120-18 to reconfirm focus on 117-29/119-24 support region
where levels last seen in 2011 are noted. Bulls still need a close above 122-20
to shift initial focus to 123-05+/20 where the 55-DMA is noted.

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