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(U0) Consolidating, Still......>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U0) Consolidating, Still Looking For A Break Higher
*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: 139-03 High Jun 11
*PRICE: 138-19 @ 11:32 BST, Jun 23
*SUP 1: 138-07 Low Jun 16
*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 started the week unchanged and continue to consolidate. The outlook
remains bullish. 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. For bears to regain control, prices need to clear support at 136-22, May
6 low.

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