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(U18) Bulls Focused On.........>

US 10YR FUTURE TECHS: (U18) Bulls Focused On 121-03/12
*RES 4: 121-12  Monthly High June
*RES 3: 121-03  High May 30
*RES 2: 120-24  Hourly resistance May 30a
*RES 1: 120-16  Hourly resistance May 30
*PRICE: 120-08 @ 0320GMT
*SUP 1: 120-02  Hourly support June 27
*SUP 2: 119-26+ Low June 26
*SUP 3: 119-20+ Low June 22
*SUP 4: 119-13+ Low June 21, 55-DMA
*COMMENTARY: The recovery from the dip below 119-14+ saw pressure return to
120-06 and bulls taking comfort in a close above Wednesday. Bulls now focus on
121-03/12 where May highs are located. Daily studies approaching O/B and the
Bollinger top (120-11+) capping are concerns for bulls. Initial support is noted
at 120-02. Bears need a close below this level to ease bullish pressure and
below 119-26+ to shift focus back to 119-13+.

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