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(M9) Holding Above Its.........>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M9) Holding Above Its 55-DMA
*RES 4: 125-26+ 50% retracement of 134-07+-117-13+ 
*RES 3: 124-31 High Mar 27 
*RES 2: 124-05+ High Apr 1 
*RES 1: 123-29+ High Apr 10 
*PRICE: 123-05+ @ 05:42 GMT, Apr 16 
*SUP 1: 122-31/28+ Low Apr 15/55-dma 
*SUP 2: 122-23 Low Mar 20 
*SUP 3: 122-12 Low Mar 12 
*SUP 4: 121-15+ Low Mar 4 
US tsy futures extended their selloff yesterday before finding some support
ahead of the 55-dma at 122-28+. Upside momentum has been lacking so far though
keeping the focus on the downside, with a break opening the March 20 low at
122-23 ahead of the March 12 low at 122-12. On the upside bulls need to recover
Wednesday's high at 123-29+ to reignite momentum towards the March 27 high at
124-31.

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