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(M0) Approaching 140-00 *RES...>

US 10YR FUTURE TECHS: (M0) Approaching 140-00
*RES 4: 141-26 0.764 projection of Feb 2 - Mar 9 rally from Mar 19 low
*RES 3: 140-24 High Mar 9 and key contract high
*RES 2: 140-00 Round number resistance
*RES 1: 139-17+ Intraday high
*PRICE: 139-15 @ 11:43 BST, Apr 21
*SUP 1: 138-17 Low Apr 17
*SUP 2: 137-16 Low Apr 7 and key near-term support
*SUP 3: 136-29+ Low Mar 24
*SUP 4: 136-05+ 50-day EMA
10yr futures are firmer today and likely to extend gains, with a bullish theme
still in place. On Apr 7, prices found support at 137-16. This was also the area
where the 20-day EMA intersected on Apr 7 and the subsequent recovery is a
bullish development, reinforcing the underlying positive outlook. Key S/T
support is 137-16, Apr 7 low. While it holds, the focus is on 140-00 and the
contract high of 140-24 from Mar 9. Initial support lies at 138-17, Apr 17 low.

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