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(M9) Needs to Crack............>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (M9) Needs to Crack Trendline
*RES 4: 127-26+/28+ 61.8% 134-07+-117-13+/Sep 8 2017 high
*RES 3: 125-26+ 50% 134-07+-117-13+
*RES 2: 124-31 Mar 27 high
*RES 1: 123-29+ Apr 10 high
*PRICE: 123-00 @ 09:36 GMT, Apr 23
*SUP 1: 122-02 38.2% 117-13+-124-31
*SUP 2: 122-03/121-02 100-dma/Jan 18 low
*SUP 3: 120-21/04+ 200-dma/Dec 12-13 lows
*SUP 4: 119-22 Dec 4 low
US tsy futures hold below down trendline resistance from the March highs and a
break here will be required to form any potential bull flag formation. A rally
north of here would open the April 10 high at 123-29+, ahead of the March 27
high at 124-31. Bears need a close below the 50-dma & Wednesday's low at
122-29/23 to open a run at the Mar 12 low & 38.2% retracement level at
122-12/02.

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