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Apr Highs in View *RES 4:......>

US 30YR FUTURE TECHS: Apr Highs in View
*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: 149-21    Apr 1 high
*PRICE: 148-22    @ 09:34 BST, May 9
*SUP 1: 147-11/04 Trendline supp/50-dma
*SUP 2: 146-13    100-dma
*SUP 3: 145-31/23 Apr 17 low/Mar 20 low
*SUP 4: 143-23/19 200-dma/50% 136-16-150-21
US 30-Yr futures squeezed through 149-00 to 149-06 yesterday, its highest level
since Apr 1. Failure to consolidate gains has seen a minor retracement to hold
148-18-28. Bulls need a close above the 149-00 level, before challenging the Apr
1 high at 149-21, ahead of the Mar 28 ytd high at 150-21. Bears need to take out
trendline support and the 50-dma to extend the corrective pullback toward the
100-dma at 146-13.

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