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(M18) 119-08 Support Remains...>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M18) 119-08 Support Remains Key
*RES 4: 120-20+ Hourly resistance Apr 12
*RES 3: 120-06+ High Apr 19
*RES 2: 120-02+ Low Apr 18 now resistance
*RES 1: 119-27+ 21-DMA
*PRICE: 119-16+ @ 2130GMT
*SUP 1: 119-12  Low May 8
*SUP 2: 119-08  Low May 2
*SUP 3: 118-31  2018 Low Apr 25
*SUP 4: 118-24  Low Apr 13 2011
*COMMENTARY: Bulls took comfort in support emerging on the dip below 119-09
Wednesday with bears now needing a close below 119-08 to ease renewed bullish
pressure and return initial focus to 2018 lows. Bulls continue to look for a
close above Y120-06+ to confirm a break of the 55-DMA (120-05+), initially
target a correction back to 120-20+/24 and above 120-24 to shift focus to
121-01+/12 with the 100-DMA at 121-01+.

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