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(U18) Bears Need Close Below...>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U18) Bears Need Close Below 119-26+
*RES 4: 120-20  High July 6
*RES 3: 120-15+ Bollinger band top
*RES 2: 120-13  Hourly resistance July 12
*RES 1: 120-08  High July 17
*PRICE: 120-02+ @ 2130GMT
*SUP 1: 120-00  Lows July 10 & 16
*SUP 2: 119-30  Low July 3
*SUP 3: 119-26+ Low June 26
*SUP 4: 119-18+ 55-DMA
*COMMENTARY: Hesitation ahead of 120-08/13 continues and sees pressure back on
layers of support 119-26+/00. Bears need a close below 119-26+ to confirm
traction below the 21-DMA and initially pressure 119-13+/18+ where the 55-DMA is
found. The 120-13/20 resistance region remains key. Bulls continue to look for a
close above 120-13 to gain breathing room and above 120-20 to confirm focus on
the key 121-03/12 region.

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