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(M18) Above 121-01+ Targets....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M18) Above 121-01+ Targets 122-02/19+
*RES 4: 122-18+ 21-WMA
*RES 3: 122-07+ 100-DMA
*RES 2: 122-02  Monthly High Feb 6
*RES 1: 121-01+ High Feb 7
*PRICE: 120-30+ @ 0430GMT
*SUP 1: 120-24+ 55-DMA
*SUP 2: 120-11  Low Mar 26 & 27
*SUP 3: 120-10+ 21-DMA
*SUP 4: 120-03  Low Mar 22
*COMMENTARY: The break of the 55-DMA sees immediate pressure on 121-01+ with
bulls needing a close above this level to shift focus to 122-02/19+ where Feb
highs, the 100-DMA and 100-WMA are found. The Bollinger band top (120-26+) is
the key concern for bulls. Bears now need a close below the 55-DMA to gain
breathing room and below the 21-DMA to shift focus back to 119-14/21+.

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