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(U18) 55-DMA Resistance Key....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U18) 55-DMA Resistance Key Today
*RES 4: 120-16 Hourly resistance May 30
*RES 3: 120-00+ High June 7
*RES 2: 119-23 Hourly resistance June 8
*RES 1: 119-17+ 55-DMA, High Jan 12
*PRICE: 119-10 @ 0430GMT
*SUP 1: 119-05  Hourly support June 13
*SUP 2: 118-29  Low June 13
*SUP 3: 118-19  High May 22 now support
*SUP 4: 118-09  Low May 21
*COMMENTARY: Bears failed to capitalise on the marginal break of the key 118-30
support with the contract lacking downside follow through. The 55-DMA remains
key today with bulls needing a close above to confirm a break of the bear
channel top off May highs and above 120-00+ to confirm traction above the
100-DMA (119-25+) and add support to the case for a move back to 121-03/12+.
Bears now need a close below 118-29+ to shift initial focus back to 2018 lows.

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