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Building Momentum *RES 4:......>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: Building Momentum
*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: 148-27    @ 09:45 BST, May 8
*SUP 1: 147-11/02 Trendline supp/50-dma
*SUP 2: 146-11    100-dma
*SUP 3: 145-31/23 Apr 17 low/Mar 20 low
*SUP 4: 143-22/19 200-dma/50% 136-16-150-21
The 30-Yr builds renewed momentum to 148-27, its highest level seen in five
weeks. Bulls look to clear the 149-00 level on a closing basis, 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 146-11.

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