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(M18) Below 119-14 Targets.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M18) Below 119-14 Targets 117-22+/118-24
*RES 4: 120-06+ High Apr 19
*RES 3: 120-02+ Low Apr 18 now resistance
*RES 2: 119-29+ High Apr 20
*RES 1: 119-14+ Hourly resistance Apr 23
*PRICE: 119-10+ @ 2130GMT
*SUP 1: 118-24  Low Apr 13 2011
*SUP 2: 117-29+ Monthly Low Apr 8 2011
*SUP 3: 117-25  Weekly Bear channel base
*SUP 4: 117-22  2011 Low Feb 22
*COMMENTARY: The contract remains offered having traded at fresh 2018 & 7yr lows
Monday seeing bears now targeting 117-22+/118-24 where the weekly bear channel
base and 2011 low are located. The Bollinger base 119-18+ remains the key
concern for bears. Bulls now need a close above 119-14+ to gain breathing room
and above Y120-06+ to initially target a correction back to 120-21+/24.

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