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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: 120-05+ @ 0430GMT
*SUP 1: 119-30  Low July 3
*SUP 2: 119-26+ Low June 26
*SUP 3: 119-23+ 100-DMA
*SUP 4: 119-16+ 55-DMA
*COMMENTARY: Topside follow through has been lacking so far this week and
weighing on the contract. Layers of support 119-13+/119-26+ are seen as key.
Bears need a close below 119-26+ to confirm a break of the 21-DMA (119-30+) and
below the 100-DMA to pressure 119-13+/16+ where the 55-DMA is found. 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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