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(M18) 120-11 & 55-DMAs Key.....>

US 10YR FUTURE TECHS: (M18) 120-11 & 55-DMAs Key Supports
*RES 4: 122-12+ 21-WMA
*RES 3: 122-05+ 100-DMA
*RES 2: 122-02  Monthly High Feb 6
*RES 1: 121-09  High Mar 28
*PRICE: 120-30 @ 0430GMT
*SUP 1: 120-22+ 55-DMA
*SUP 2: 120-11  Low Mar 26 & 27
*SUP 3: 120-03  Low Mar 22
*SUP 4: 119-21+ Repeated Daily lows Feb
*COMMENTARY: Bulls take comfort in support emerging around the 55-DMA. Bears
look for a close below the 55-DMA to gain breathing room and below 120-11 to
confirm a break of the 21-DMA (120-12+) & shift focus back to 119-14/21+. Bulls
need a close above 121-09 to confirm traction and focus on 122-02/12+ where the
100-DMA is noted. The Bollinger top (121+02) is the key concern for bulls.

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