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(M18) Bulls Need Close Above...>

US 10YR FUTURE TECHS: (M18) Bulls Need Close Above 119-14+
*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: 118-31  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: O/S daily studies look to be impacting with the contract working
its way back towards the 119-14+ resistance level. Bulls continue to look for a
close above 119-14+ to gain breathing room and above Y120-06+ to initially
target a correction back to 120-21+/24. While 119-14+ caps repeated fresh 2018 &
4+yr lows see bears focused on 117-22+/118-24 where the weekly bear channel base
and 2011 low are located.

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