(H18) 151-07/151-02 Provides...>

US 30YR FUTURE TECHS: (H18) 151-07/151-02 Provides Near Term Support 

*RES 4: 154-15/18 Dec 15, Dec 6 highs

*RES 3: 153-15/17 Dec 19 high, 76.4% Fibo of 154-15/150-14

*RES 2: 153-03/04 Dec 29, Dec 27 highs

*RES 1: 152-21 Jan 5 high

*PRICE: 151-11 @1140GMT

*SUP 1: 151-02/07 76.4% of 150-14/153-03, Dec 22 low

*SUP 2: 150-19 1% volatility band

*SUP 3: 150-14 Dec 20 low

*SUP 4: 150-07/10 May 11, Oct 27 lows

*COMMENTARY* The decline at the back end of last month found support from

150-14, keeping us above the key 150-10/150-07 lows from October and May last

year. The subsequent recovery has reached above 152-30 resistance, but with a

high of 153-04, so far remains below the next resistance of note, the 76.4% Fibo

retrace level at 153-17. As a result, support moves to 151-07/151-02, with the

lower 1% volatility band at 150-19 today, then protecting that 150-14 low again.