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(U18) Bulls Need Close Above...>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U18) Bulls Need Close Above 120-20
*RES 4: 120-24  Hourly resistance May 30a
*RES 3: 120-20  High July 6
*RES 2: 120-19+ Bollinger band top
*RES 1: 120-13  Hourly resistance June 12
*PRICE: 120-09 @ 0430GMT
*SUP 1: 120-07  Hourly resistance July 9 now support
*SUP 2: 119-30  Low July 3
*SUP 3: 119-26+ Low June 26
*SUP 4: 119-22+ 100-DMA
*COMMENTARY: Bulls take comfort in the gapping move higher in Asia that sees
bulls gain breathing room and pressure the 120-13/20 resistance region. Bulls
need a close above 120-13 to pressure 120-20 and above this level to confirm
focus on the key 121-03/12 region. Bears now look for a close below 120-07 to
gain breathing room and below to 100-DMA to shift immediate focus to 119-13+/14+
where the 55-DMA is noted and below 118-29+ to target 2018 lows.

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