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(M18) Bulls Need Close Above...>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M18) Bulls Need Close Above 119-14+
*RES 4: 120-02+ Low Apr 18 now resistance
*RES 3: 119-29+ High Apr 20
*RES 2: 119-14+ Hourly resistance Apr 23
*RES 1: 119-06  Hourly resistance Apr 25
*PRICE: 119-01 @ 2130GMT
*SUP 1: 118-31  2018 Low Apr 25
*SUP 2: 118-24  Low Apr 13 2011
*SUP 3: 117-29+ Monthly Low Apr 8 2011
*SUP 4: 117-25  Weekly Bear channel base
*COMMENTARY: Fresh 2018 & 7yr lows continue with bears initially targeting
117-22+/118-24 where the weekly bear channel base and 2011 low are located. The
Bollinger base 119-05+ and O/S studies remain key concerns for bears with
potential to limit follow through. Bulls still 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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