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(M18) Pressuring Key...........>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M18) Pressuring Key Resistance
*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  Monthly High Apr 2
*PRICE: 121-07+ @ 2130GMT
*SUP 1: 121-00  Hourly resistance May 29 now support
*SUP 2: 120-14+ 100-DMA
*SUP 3: 120-06+ Alternating daily support/resistance
*SUP 4: 119-31+ 55-DMA
*COMMENTARY: The contract is gaining traction above the 21-WMA (120-21+) with
immediate pressure on 121-12. Bulls need a close above this level to shift
immediate focus to 122-02 and overall focus to 123-23+/124-05+ where the 55-WMA
is noted. 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 the 21-DMA
(119-11+) to confirm.

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