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(M0) Still In A Range *RES.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M0) Still In A Range
*RES 4: 141-26 0.764 projection of Feb 6 - 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: 139-21/22 High May 15 / High Apr 21 and key resistance
*PRICE: 138-27+ @ 11:33 BST, May 26
*SUP 1: 138-08+/06 Low May 06 / Low Apr 15
*SUP 2: 137-29+ 50-day EMA
*SUP 3: 137-16 Low Apr 7 and key near-term support
*SUP 4: 136-29+ Low Mar 24
10yr futures are trading lower today. Price continues to trade within its
current range with the key range parameters at 139-21/22 at the top and 138-08+
at the base. The underlying theme remains bullish, however futures still need to
clear 139-22, Apr 21 high to end the consolation and confirm a resumption of the
uptrend that would target 140-00 and beyond. On the downside, clearance of
138-08+, May 6 low would be bearish and expose 137-16.

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