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(M18) Bears Need Close Below...>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M18) Bears Need Close Below 21-DMA
*RES 4: 122-18+ 21-WMA
*RES 3: 122-07+ 100-DMA
*RES 2: 122-02 Monthly High Feb 6
*RES 1: 121-09 High Mar 28
*PRICE: 120-27+ @ 2030GMT
*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: Bulls are struggling to gain traction above the 55-DMA with a lack
of topside follow through leaving the contract looking gently offered. Bears now
look for a close below the 55-DMA to gain breathing room and below the 21-DMA to
shift focus back to 119-14/21+. Bulls now need a close above 121-09 to confirm
traction and focus on 122-02/07+ where the 100-DMA is noted. The Bollinger top
(120-27+) is the key concern for bulls.

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