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(M18) 120-20+/24 Resistance....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M18) 120-20+/24 Resistance Remains Key
*RES 4: 121-12  High Apr 2
*RES 3: 121-05  High Apr 4
*RES 2: 120-24  Hourly support Apr 12 now resistance
*RES 1: 120-20+ Hourly resistance Apr 12
*PRICE: 120-13+ @ 0430GMT
*SUP 1: 120-07  Low Apr 16
*SUP 2: 120-03  Low Mar 22
*SUP 3: 120-01+ Bollinger band base
*SUP 4: 119-21+ Repeated Daily lows Feb
*COMMENTARY: The 120-20+/24 resistance region remains key this week following
the break below 120-11 Monday. Bulls need a close above Y120-24 to gain
breathing room and increase the likelihood of a bounce back to 121-05/12. Above
121-12 is needed to kick start topside momentum and initially target
121-24+/122-02 where the 100-DMA is noted. Bears now look for a close below
120-07 to confirm traction below DMAs & shift focus back to 119-14/21+.

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