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Consolidating Trend *RES 4:....>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: Consolidating Trend
*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: 148-17     Apr 10 high
*PRICE: 147-11     @ 09:44 GMT, Apr 26
*SUP 1: 145-31     Apr 17 low
*SUP 2: 145-30/23  100-dma/Mar 20 low
*SUP 3: 143-19     50% 136-16-150-21/200-dma
*SUP 4: 142-10     Dec 13 2018 low
30y futures remain at elevated levels with focus on a close above the double-top
resistance area at 147-15 to extend the uptrend. This would open a run at the
148 handle & April 10 high at 148-17, before challenging the ytd high at 150-21.
Bears need to clear 146-00 to change the outlook, targeting a break of the
100-dma & Mar 20 low at 145-30/23. Below here opens the 50% retracement level &
200-dma at 143-19.

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