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(U0) Finds Support *RES 4:.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U0) Finds Support
*RES 4: 139-25 Contract high, Mar 25
*RES 3: 139-13+/16 High May 15 / High Apr 21 and key resistance
*RES 2: 138-12 High Jun 4
*RES 1: 137-30+ Low May 6, High Jun 5 and former range base
*PRICE: 137-22 @ 16:19 BST, Jun 09
*SUP 1: 136-22 Low Jun 5
*SUP 2: 136-20 Low Mar 25
*SUP 3: 136-10+2.000 projection of Apr 21 - May 6 swing from May 15 high
*SUP 4: 135-31 2.236 projection of Apr 21 - May 6 swing from May 15 high
US 10yr futures have bounced off recent lows and defined a key S/T support at
136-22, Jun 5 low. The move higher is likely a correction with a bearish theme
still dominating the S/T outlook. This follows last week's move lower and more
importantly the break of support at 137-30+, May 6 low. The break lower
confirmed a range breakout. The focus is on 136-20, Mar 25 low and, further out,
the COVID crisis lows of 133-21. Initial resistance is seen at 137-30.

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