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(M18) Bears Focused On Mar......>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (M18) Bears Focused On Mar Lows
*RES 4: 114-08+ Daily Bear channel top off Apr high
*RES 3: 114-04  Low Apr 4 now resistance
*RES 2: 114-02+ High Apr 13
*RES 1: 113-31+ High Apr 17
*PRICE: 113-29+ @ 0930GMT
*SUP 1: 113-25+ Low Apr 16, Bollinger band base
*SUP 2: 113-23+ Daily Bear channel base
*SUP 3: 113-19  Monthly Low Mar 21
*SUP 4: 113-05+ Weekly Bollinger band base
*COMMENTARY: Daily studies at O/S levels and the Bollinger base are seen as key
concerns for bears who are currently focused on Mar lows. Bears look for a close
below 113-25+ to add weight to their case. Layers of support remain a concern
for bulls. Bulls now need a close above 113-31+ to gain breathing room and above
114-04 to shift initial focus to 114-08+/10 where the bear channel top off Apr
highs is noted.

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