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(U0) Looking For A Bullish.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U0) Looking For A Bullish Break
*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: 139-02 High Jun 25
*PRICE: 138-29 @ 11:40 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 continue to trade at the upper end of the recent range. The outlook
remains bullish though. 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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