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May 9 high in View *RES 4:.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: May 9 high in View
*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: 124-08+/13    May 9 high/76.4% retracement
*PRICE: 123-31+       @ 09:40 GMT, May 10
*SUP 1: 122-18        100-dma
*SUP 2: 122-02/121-02 38.2% 117-13+-124-31/Jan 18 low
*SUP 3: 120-28+/04+   200-dma/Dec 12-13 lows
*SUP 4: 119-22        Dec 4 low
US Tsy futures touched fresh monthly highs of 124-08+ yesterday, before paring
gains ahead of the close. The 10-Yr currently holds either side of the 124-00
level with topside focus on a break of 124-13 which marks the 76.4% retracement
of 124-31-122-20+. Consolidation above would cement the uptrend, opening a run
at the ytd Mar 27 high at 124-31. Bears need to clear the 50-dma at 123-10 to
change the outlook, opening the May 3 low & Apr 17 low at 122-30/20+.

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