(H18) Loss of 150-14/150-07....>

US 30YR FUTURE TECHS: (H18) Loss of 150-14/150-07 Sees 148-24 As Next Target 

*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: 149-07 @1225GMT

*SUP 1: 149-03 Intraday low

*SUP 2: 148-24 76.4% of 145-26/158-09, 1% volatility band

*SUP 3: 147-20 4 month bear channel base projection

*SUP 4: 147-14/15 Mar 17, Mar 16 lows

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

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

145-26/158-09 rise is today joined by the lower 1% volatility band. In the

interim, the day'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.