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(M18) Focus Now On 55-DMA &....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M18) Focus Now On 55-DMA & 121-01+ Resistance
*RES 4: 122-11  100-DMA
*RES 3: 122-02  Monthly High Feb 6
*RES 2: 121-01+ High Feb 7
*RES 1: 120-29+ 55-DMA
*PRICE: 120-24+ @ 0530GMT
*SUP 1: 120-12+ Hourly support Mar 22
*SUP 2: 120-03  Low Mar 22
*SUP 3: 119-21+ Repeated Daily lows Feb
*SUP 4: 119-14  Monthly Low Feb 15
*COMMENTARY: The lack of follow through and bounce from 119-14/21+ has resulted
in a break of the 120-23 resistance that repeatedly capped with immediate focus
now on 120-29+/121-01+ where the 55-DMA is noted. Bulls need a close above
121-01+ to end bearish hopes and shift focus to 122-02/19+ where Feb highs, the
100-DMA and 100-WMA are found. Bears now need a close below 120-12+ to gain
breathing room.

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