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(Z17) Bulls Need Close above...>

US 10YR FUTURE TECHS
US 10YR FUTURE TECHS: (Z17) Bulls Need Close above 55-DMA
*RES 4: 125-20+ 100-DMA 
*RES 3: 125-08+ 55-DMA 
*RES 2: 125-07 High Nov 15 
*RES 1: 125-06 Daily Bear channel top
*PRICE: 125-03 @ 0530GMT
*SUP 1: 124-27 Low Nov 27
*SUP 2: 124-19 Lows Nov 21 & 22
*SUP 3: 124-16 Low Nov 14, Bollinger band base
*SUP 4: 124-06 Low Oct 25
*COMMENTARY: The 124-160 support confirmed significance last week with bears
needing a close below to initially pressure 124-03/06 where the LT weekly TL is
noted. 125-06/125-25+ where the bear channel top, 55 & 100-DMAs are located
remains key resistance. Overall bulls need a close above the 55-DMA to gain
breathing room and above 125-25+ to confirm a break of the 100-DMA, ending
bearish hopes and shifting immediate focus to 126-04+/09.

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