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(U18) 120-00+ Resistance Key...>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U18) 120-00+ Resistance Key Today
*RES 4: 121-03 High May 30
*RES 3: 120-24 Hourly resistance May 30a
*RES 2: 120-16 Hourly resistance May 30
*RES 1: 120-00+ High June 7
*PRICE: 119-20+ @ 2130GMT
*SUP 1: 119-16 Hourly resistance June 6 now support
*SUP 2: 119-06+ 21-DMA
*SUP 3: 119-04 Low June 7
*SUP 4: 118-30 Low May 24
*COMMENTARY: The dip below 21-DMA was aggressively reversed although so far
bulls have failed to gain traction above the 100-DMA (119-28+). Initial support
is noted at 119-16 with bears needing a close below to retain immediate focus on
118-30/119-04. Below 118-30 remains needed to confirm a break of the 21-DMA and
shift initial focus back to 2018 lows. Bulls now need a close above 120-00+ to
add support to the case for a move back to 121-03/12+.

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