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

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: 138-28 @ 16:00 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 traded lower for much of the Tuesday session. 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.