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(M18) Hesitating Around........>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M18) Hesitating Around 121-12+
*RES 4: 123-23+ 55-WMA
*RES 3: 123-01+ Low Dec 21 now resistance
*RES 2: 122-02  Monthly High Feb 6
*RES 1: 121-12+ Hourly resistance May 30
*PRICE: 120-29 @ 0320GMT
*SUP 1: 120-13+ 100-DMA
*SUP 2: 120-06+ Alternating daily support/resistance
*SUP 3: 119-31+ 55-DMA
*SUP 4: 119-21+ Low May 28
*COMMENTARY: The contract traded at fresh 3mth highs in Asian trading before
giving back some ground gained overnight. Bears now need a close below the
100-DMA to ease bullish pressure and below the 55-DMA to hint at a move back to
2018 lows with below (119-07) to confirm. Bulls currently look for a close above
121-12 to shift immediate focus to 122-02 and overall focus to 123-23+/124-05+
where the 55-WMA is noted.

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