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(U18) 121-12 Key To Further....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U18) 121-12 Key To Further Topside
*RES 4: 123-01+ Low Dec 21 now resistance
*RES 3: 122-22  Monthly High Feb
*RES 2: 121-12  Monthly High Apr
*RES 1: 121-03  Hourly resistance May 30
*PRICE: 120-16 @ 0430GMT
*SUP 1: 120-12+ Hourly support May 29
*SUP 2: 120-01+ 100-DMA
*SUP 3: 119-21+ 55-DMA
*SUP 4: 119-11  Low May 28
*COMMENTARY: U18 traded at fresh 3mth highs in Asian trading before giving back
some ground gained overnight. Bears now need a close below the 100-DMA to ease
bullish pressure and below the 55-DMA to hint at a move back to 2018 lows with
below (119-11) to confirm. Bulls currently look for a close above 121-12 to
shift immediate focus to 122-02 and overall focus to 123-23+/124-05+ where the
55-WMA is noted.

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