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Bulls Need Weekly Close........>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: Bulls Need Weekly Close Above 155-00
*RES 4: 161-24 61.8% Jul 2016 high-Oct 2018 low
*RES 3: 158-09 Sep 8 2017 high
*RES 2: 156-30 50% Jul 2016 high-Oct 2018 low
*RES 1: 156-17 Jun 20 cycle High
*PRICE: 155-10 @ 10:40 BST, Jun 28
*SUP 1: 154-08 61.8% 152-27 - 156-17
*SUP 2: 154-00 Jun17 low
*SUP 3: 153-23 76.4% 152-27 - 156-17
*SUP 4: 151-08/150-01 50-dma/50% Mar-Jun rally
30-Yr futures comfortably held trendline support drawn off the May 21 low, with
the recovery extending back through 155-00. Bulls need a weekly close above here
to reignite the uptrend, before challenging the Jun 20 ytd high at 156-17. A
close below the trendline could halt the rally in futures which has posted
eleven positive sessions out of the last thirteen, triggering a short-term
reversal.

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