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(M9) 55-DMA The New Downside...>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M9) 55-DMA The New Downside Target
*RES 4: 125-20 Channel top resistance 
*RES 3: 124-31 High Mar 26 
*RES 2: 123-29+ 76.4% retracement of 124-31-122-22+ 
*RES 1: 124-04 High May 1 
*PRICE: 123-07 @ 06:14 GMT, May 3 
*SUP 1: 123-03 55-dma 
*SUP 2: 122-20 Low Apr 17 
*SUP 3: 122-12 Low Mar 12 
*SUP 4: 121-15+ Low Mar 4 
The downside reversal in US tsy futures seen post Wednesday's press conference
has continued with bears now looking to target the 55-dma at 123-03 to build
further downside momentum towards the April 17 low at 122-20. Bulls have the
tough task of recovering Wednesday's high at 124-04 to reignite upside momentum.

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