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(U18) Narrowed Bollis Hint.....>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (U18) Narrowed Bollis Hint At Breakout
*RES 4: 120-24  Hourly resistance May 30a
*RES 3: 120-20  High July 6
*RES 2: 120-13+ High July 19, Bollinger band top
*RES 1: 120-06+ Hourly support July 20 now resistance
*PRICE: 120-00+ @ 0320GMT
*SUP 1: 119-26+ Low June 26, Bollinger band base
*SUP 2: 119-24+ 100-DMA
*SUP 3: 119-20+ 55-DMA
*SUP 4: 119-13+ Low June 21
*COMMENTARY: The 119-26+ support confirmed significance with an aggressive
bounce that saw focus return to 120-20. Bulls failed to capitalise with pressure
back on 119-26+ to end last week. Bears continue to look for a close and below
119-26+ to confirm traction below the 21-DMA and initially pressure 119-13+/20+
where the 55-DMA is found. Bulls now look for a close above 120-06+ to gain
breathing room and above 120-20 to confirm focus on the key 121-03/12 region.

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