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Topped Out Ahead of Apr........>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: Topped Out Ahead of Apr Highs
*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: 123-12        @ 09:30 GMT, May 2
*SUP 1: 122-11+       100-dma
*SUP 2: 122-02/121-02 38.2% 117-13+-124-31/Jan 18 low
*SUP 3: 120-24+/04+   200-dma/Dec 12-13 lows
*SUP 4: 119-22        Dec 4 low
US tsy futures extend the corrective pullback following yesterday's weak close
on the back of relatively hawkish Fed comments. A break below Tuesday's low at
123-10 would suggest further downside pressure to the 55-dma at 123-02, ahead of
the April 17 low & 100-dma at 122-20/11+. Bulls have the tough task of
recovering yesterday's high at 124-04 to reignite upside momentum.

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