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(M18) Initial Focus On..........>

US 5YR FUTURE TECHS
US 5YR FUTURE TECHS: (M18) Initial Focus On 112-23+/113-01+
*RES 4: 113-17+ High May 7
*RES 3: 113-13+ 21-DMA
*RES 2: 113-11+ Alternating hourly support/resistance
*RES 1: 113-07+ Low May 4 now resistance
*PRICE: 113-04+ @ 0930GMT
*SUP 1: 113-04+ 2018 Low May 15
*SUP 2: 113-02+ Bollinger band base
*SUP 3: 113-01+ Monthly Low Nov 2008
*SUP 4: 112-23+ Daily Bear channel base
*COMMENTARY: Bears take comfort in fresh 2018 lows with initial pressure
112-23+/113-01+ where Nov 2008 monthly lows and the bear channel base are noted.
Follow through on pops above the 21-DMA remains lacking. Bulls now need a close
above the 21-DMA to ease bearish pressure although layers of resistance
113-17+/27+ remain an issue. Daily studies have room to move before O/S is an
issue.

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