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(U0) Bullish Weekly Close......>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U0) Bullish Weekly Close
*RES 4: 139-25 Contract high, Mar 25
*RES 3: 139-13+ 16 High May 15 / High Apr 21 and key resistance
*RES 2: 139-07+ High Jun 1
*RES 1: 139-06 High Jun 26
*PRICE: 139-05 @ 16:16 BST, Jun 26
*SUP 1: 138-07 Low Jun 16 and key near-term support
*SUP 2: 137-22 Low Jun 10
*SUP 3: 136-22 Low Jun 5 and the bear trigger
*SUP 4: 136-20 Low Mar 25
10yr futures pierced the top end of the recent range Friday, putting markets on
track to register a very bullish weekly close. Attention is on 139-07+, Jun 1
high where a break would erase a recent bearish theme and open 139-13+ and
139-16, the May 22 and Apr 21 highs respectively ahead of major resistance at
139-25. This is the contract high from Mar 25. Bears would be encouraged by a
break of support at 138-07, Jun 10 low.

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