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(M18) Downside Attention.......>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M18) Downside Attention Switches To 6 Year Median Line
*RES 4: 119-215 May 10 high
*RES 3: 119-115 Hourly congestion lows May 10-14
*RES 2: 119-060 May 9 low, now resistance
*RES 1: 118-305 Intraday high
*PRICE: 118-250 @1038GMT
*SUP 1: 118-190 Hourly support
*SUP 2: 118-140/150 Hourly congestion area May 17
*SUP 3: 118-105 May 17 low
*SUP 4: 118-050 6 year median line
*COMMENTARY* Last week's decline saw the equality fall target at 118-150 give
way. A low of 118-105 seen on Thursday, so far keeping us away from a test to
the 6 year median line support at 118-050. In the meantime, some near term
oversold conditions have allowed a bounce, 118-305 the limit of the recovery so
far, the May 9 low at 119-060 currently of more consequence higher. Support from
between 118-190/118-140 now protects against a fresh move down.

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