50-DMA Under Attack *RES 4:....>

US 30YR FUTURE TECHS: 50-DMA Under Attack

*RES 4: 154-25/30     Series of prev highs

*RES 3: 152-03        38.2% 177-11-136-16

*RES 2: 150-21        Mar 28 high

*RES 1: 148-17        Apr 10 high

*PRICE: 146-26        @ 09:40 GMT, Apr 16

*SUP 1: 146-25/20     50-dma/Intraday low

*SUP 2: 146-03/145-23 Up trendline support/Mar 20 low

*SUP 3: 145-15        100-dma

*SUP 4: 143-19/17     50% 136-16-150-21/200-dma

30-Yr futures briefly traded under the 50-dma, before forming a base ahead of

146-20. A close below here would give control back to the bears targeting a

downside break of 146-03/145-23, which represents up trendline support of the

Nov lows & Mar 20 low. Bulls need to recover the Apr 10 high to stabilise the

outlook and put the focus back on the 150-00 area.