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(U18) Looking Offered *RES.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U18) Looking Offered
*RES 4: 121-03  High May 30
*RES 3: 120-24  Hourly resistance May 30a
*RES 2: 120-16  Hourly resistance May 30
*RES 1: 120-05  Hourly resistance July 2
*PRICE: 120-01+ @ 2130GMT
*SUP 1: 119-26+ Low June 26
*SUP 2: 119-20+ Low June 22
*SUP 3: 119-13+ Low June 21, 55-DMA
*SUP 4: 118-29+ Low June 13
*COMMENTARY: Failure to take out the 120-16 resistance and confirm focus on
121-03/12 has left the contract looking offered with the break below 120-02
easing bullish pressure. Bears now look for a close below 119-26+ to shift
initial focus back to 119-13+ with below 118-29+ needed to target 2018 lows.
Bulls now need a close above 120-05 to gain breathing room and above 120-16 to
confirm focus on 121-03/12.

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