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Bulls Need to Recover 150-00...>

US 30YR FUTURE TECHS: Bulls Need to Recover 150-00
*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    May 16 high
*PRICE: 149-18    @ 09:38 GMT, May 20
*SUP 1: 147-24    50-dma
*SUP 2: 146-24/21 100-dma/May 3 low
*SUP 3: 145-31/23 Apr 17 low/Mar 20 low
*SUP 4: 143-31/19 200-dma/50% 136-16-150-21
30-Yr futures closed below 150-00 Friday, with the reversal extending to 149-10.
Bulls need to recover the 150-00 level to reignite upside momentum and bring the
ytd highs at 150.21 back into view. Above here opens 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. While a downside break of the 50-dma would see bears focus on the
100-dma & May 3 low at 146-23/21.

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