(U0) Edging Lower *RES 4:......>

US 10YR FUTURE TECHS: (U0) Edging Lower

*RES 4: 140-27 0.618 projection of Feb 6 - Mar 9 rally from Mar 18 low

*RES 3: 140-00 Round number resistance

*RES 2: 139-25 Contract high, Mar 25

*RES 1: 139-13+/16 High May 15 / High Apr 21 and key resistance

*PRICE: 139-01+ @ 11:09 BST, Jun 01

*SUP 1: 138-09 Low May 18

*SUP 2: 137-30+ Low May 6 and key support

*SUP 3: 137-19+ Low Apr 14

*SUP 4: 136-20 Low Mar 25

10yr futures edged lower from the open, but key supports remain intact for now.

The range parameters are 139-16 at the top and 137-30+ at the base. The

underlying theme remains bullish, however futures still need to clear 139-16,

Apr 21 high to end the current consolation and confirm a resumption of the

uptrend that would target 139-25, Mar 25 contract high and the 140-00 handle.

Clearance of 137-30+, May 6 low would be bearish and expose 137-19+.