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(U0) Focus Remains On Key......>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U0) Focus Remains On Key Resistance
*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+ Jun 1 high
*RES 1: 139-03 High Jun 11
*PRICE: 138-27+ @ 16:15 BST, Jun 12
*SUP 1: 137-22 Low Jun 10
*SUP 2: 136-22 Low Jun 5 and the bear trigger
*SUP 3: 136-20 Low Mar 25
*SUP 4: 136-10+ 2.000 projection of Apr 21 - May 6 swing from May 15 high
10yr futures strengthened over the week despite an inside session Friday, to
maintain a positive tone. The focus is on 139-07+, Jun 1 high with the 50-dma
breached. A break will erase the 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 the balance,
prices must break support at 136-22, the May 6 low.

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