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(U18) Bears Now Need Close.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U18) Bears Now Need Close Below 118-29+
*RES 4: 120-06+ Hourly support July 20 now resistance
*RES 3: 119-30  Hourly support July 23 now resistance
*RES 2: 119-26+ Alternating Daily support/resistance
*RES 1: 119-22  High July 25
*PRICE: 119-13 @ 0320GMT
*SUP 1: 119-06  Low June 14
*SUP 2: 118-29+ Monthly Low June 13
*SUP 3: 118-19  High May 22 now support
*SUP 4: 118-09  Low May 21
*COMMENTARY: The marginal pop above the 55-DMA (119-20+) was rejected ahead of
the 119-26+/30 region and remains offered with immediate focus now on
118-29+/119-06. Bears look for a close below 118-29+ to add weight to the case
for a test of May lows (117-30). Bulls now need a close above 119-30 to shift
focus back to the key 120-13+/20 resistance region.

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