(H18) 150-20 Now Provides......>

US 30YR FUTURE TECHS: (H18) 150-20 Now Provides 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: 150-20 Jan 11 high

*PRICE: 150-10 @1120GMT

*SUP 1: 149-03 Jan 10 low

*SUP 2: 148-24 76.4% Fibo of 145-26/158-09

*SUP 3: 148-10/11 2% vol band, 4 week bear channel proj'n 

*SUP 4: 147-14/16 Mar 16-17 lows, 4 month bear channel base 

*COMMENTARY* Fresh decline this week left 150-14/150-07 support in it's wake.

Next area of note now becomes 148-24/148-10 where the 76.4% Fibo retrace level

of the 145-26/158-09 rise is joined by the lower 1% volatility band. Meanwhile,

Wednesday's 149-03 low provides an interim support level. On the topside, 150-20

has held back rallies so far, above here required before the chance of seeing a

better correction of losses from recent 152-07/153-03 highs.