(M18) Making It's Way Toward...>

US 10YR FUTURE TECHS: (M18) Making It's Way Toward The Lower 1% Volatility Band

*RES 4: 120-070 Apr 16 low, now resistance

*RES 3: 119-295 Apr 20 high

*RES 2: 119-215/230 Feb 27, 28, Apr 19 lows, now resistance

*RES 1: 119-110/145 Hourly resistance, Apr 24 high

*PRICE: 119-015 @0950GMT

*SUP 1: 118-310 Intraday low

*SUP 2: 118-220 1% volatility band

*SUP 3: 118-150 Equality fall from 121-120 to 122-190/120-030

*SUP 4: 118-130 6 year median line

*COMMENTARY* Has this week broken below congested 119-265/119-215 support. A low

of 118-310 so far, as we head towards the lower 1% volatility band, at 118-220

by time today. Any lower and the equality fall target at 118-150 becomes the

next level to watch, just above the 6 year median line support from 118-130. As

a consequence, resistance falls to 119-110/119-145 initially, above would assist

but any real recovery is beholden to a higher 119-215/119-230 break.