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(H18) Focus Now On Reaction....>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (H18) Focus Now On Reaction To 150-10/150-07 Support
*RES 4: 153-15 Dec 19 high
*RES 3: 153-02 Dec 18 low, now resistance
*RES 2: 152-05 Dec 12 low, now resistance
*RES 1: 151-19 Underside broken 2017 bull channel
*PRICE: 151-02 @0850GMT
*SUP 1: 150-07/10 May 11, Oct 27 lows
*SUP 2: 149-15 1% volatility band
*SUP 3: 148-24 76.4% Fibo of 145-26/158-09
*SUP 4: 147-14/15 Mar 16, Mar 17 lows
*COMMENTARY* Failure to trouble 154-23/154-26 resistance this month has finally
proved the catalyst for a sharp decline. This losing support from 153-22 on
Tuesday has seen the Dec 12 low at 152-05 give way, as well as important support
from between 151-17/151-07. Below here and focus will switch to 150-10/150-07.
Meanwhile, resistance from 151-19 but back above 152-05 would likely provide
some 153-02/153-15 respite.

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