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(M9) Lacking Upside Momentum...>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M9) Lacking Upside Momentum
*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: 123-19 @ 06:22 GMT, Apr 12 
*SUP 1: 123-08+ Low Apr 5 
*SUP 2: 122-23 Low Mar 20 
*SUP 3: 122-12 Low Mar 12 
*SUP 4: 121-15+ Low Mar 4 
Wednesday's rally in US tsy futures was given back in full yesterday returning
the focus to the downside. Bears target the April 5 low at 123-08+ with a break
needed to extend the downtrend towards the March 20 low at 122-23. Bulls have to
recover Wednesday's high at 123-29+ to reignite upside momentum towards the
March 27 high at 124-31. 

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