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(M18) Bouncing From Key........>

US 10YR FUTURE TECHS: (M18) Bouncing From Key Supports
*RES 4: 120-30+ 55-DMA
*RES 3: 120-23  High Mar 1
*RES 2: 120-19+ Bollinger band top
*RES 1: 120-16  High Mar 19
*PRICE: 120-07+ @ 0530GMT
*SUP 1: 120-03  Hourly support Mar 22
*SUP 2: 119-21+ Repeated Daily lows Feb
*SUP 3: 119-14  Monthly Low Feb 15
*SUP 4: 118-24  Low Apr 13 2011
*COMMENTARY: The lack of follow through and bounce from 119-14/21+ is less than
ideal for bears with the Bollinger base noted at 119-24+. Bears look for a close
below 120-03 to gain breathing room and below 119-14 to initially target
117-29+/118-24. Bulls need a close above 120-08 to ease bearish pressure.
Overall above 121-01+ is needed to end bearish hopes and initially target

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