Bullish Trend Intact *RES 4:...>

US 30YR FUTURE TECHS: Bullish Trend Intact

*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: 150-10    Intraday high

*PRICE: 150-03    @ 0942 GMT, May 16

*SUP 1: 147-20    50-dma

*SUP 2: 146-22/21 100-dma/May 3 low

*SUP 3: 145-31/23 Apr 17 low/Mar 20 low

The US 30-Yr cracked the 150-00 level yesterday for the first time since late

March, with the uptrend extending to 150-10. The outright bullish trend remains

intact with topside focus on a break of the Mar 28 ytd high at 150-21. Above

here opens a run at the Jan 17 2018 high at 151-06, ahead of the 38.2%

retracement level of the Jul 2016 high - Oct 2018 low at 152-03. Bears need a

close below the 50-dma at 147-20, before putting downside focus back on the

100-dma & May 3 low at 146-22/21.