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(H18) 150-14 Provides..........>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (H18) 150-14 Provides Initial Bar To Recovery Efforts
*RES 4: 152-21 Jan 5 high
*RES 3: 152-07 Jan 8 high
*RES 2: 151-12/15 Jan 2, Jan 8 lows, now resistance
*RES 1: 150-14 Dec 20 low, now resistance
*PRICE: 150-03 @1145GMT
*SUP 1: 149-03 Jan 10 low
*SUP 2: 148-16/24 1% volatility band, 76.4% of 145-26/158-09
*SUP 3: 147-18 4 month bear channel base projection
*SUP 4: 147-14/15 Mar 17, Mar 16 lows
*COMMENTARY* Fresh decline this week left 150-14/150-07 support in it's wake.
Next area of note now becomes 148-24/148-16 where the 76.4% Fibo retrace level
of the 145-26/158-09 rise is today joined by the lower 1% volatility band.
Meanwhile, Wednesday's 149-03 low provides an interim support level. On the
topside, 150-14 now reverts to resistance, back above here required before the
chance of seeing a better correction of losses from recent 152-07/153-03 highs.

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