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(U18) Making Headway Above.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U18) Making Headway Above 55-DMA
*RES 4: 120-24  Hourly resistance May 30a
*RES 3: 120-16  Hourly resistance May 30
*RES 2: 120-00+ High June 7
*RES 1: 119-23  Hourly resistance June 8
*PRICE: 119-19 @ 0430GMT
*SUP 1: 119-17+ 55-DMA
*SUP 2: 119-09  Hourly resistance June 13 now support
*SUP 3: 118-29  Low June 13
*SUP 4: 118-19  High May 22 now support
*COMMENTARY: Bears failed to capitalise on the marginal break of the key 118-30
support with the contract lacking downside follow through. Bulls gain confidence
as the contract looks to gain traction above the 55-DMA with 120-00+ now key.
Bulls need a close above 120-00+ to add support to the case for a move back to
121-03/12+. Bears now need a close below 119-06 to gain breathing room and below
118-29+ to shift initial focus back to 2018 lows.

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