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(M18) 121-01+ Resistance Now...>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M18) 121-01+ Resistance Now Key
*RES 4: 122-02  Monthly High Feb 6
*RES 3: 121-28+ 55-DMA
*RES 2: 121-01+ High Feb 7
*RES 1: 120-28+ Daily Bear channel top (off Jan 2 high)
*PRICE: 120-17+ @ 2030GMT
*SUP 1: 120-14  High Feb 26 now support
*SUP 2: 120-08+ 21-DMA
*SUP 3: 120-00  Alternating hourly support/resistance
*SUP 4: 119-21  Repeated Daily lows Feb
*COMMENTARY: Bulls take comfort as M18 gains traction above the 21-DMA with
immediate focus now on 120-28+/121-01+ where the bear channel top is noted.
Bulls now need a close above 121-01+ to shift initial focus to 121-28+/122-02
where the 55-DMA is located. Support layers emerging adds to bullish confidence
with bears now needing a close below the 21-DMA to gain breathing room and below
120-00 to pressure 119-14 Feb lows.

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