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(H18) Recovers But Still.......>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (H18) Recovers But Still Within Key 154-00/154-26 Area
*RES 4: 154-31 1% volatility band
*RES 3: 154-23/26 76.4% 156-14/149-07, November highs
*RES 2: 154-18 Dec 6 high
*RES 1: 154-00/06 76.4% Fibo of 154-18/152-05, Dec 14 high
*PRICE: 153-30 @1150GMT
*SUP 1: 153-04 Dec 14 low, hourly high Dec 13
*SUP 2: 152-17 Dec 8 low
*SUP 3: 152-05 Dec 12 low
*SUP 4: 151-26/28 Hourly base Dec 1, 1% volatility band
*COMMENTARY* A bounce from Tuesday's 152-05 low but so far this remains without
a clear break above the 76.4% Fibo retrace level at 154-00 and then more
importantly the 154-23/154-26 area. Will need to circumvent resistance from
here, if the latest rise is not to prove just corrective. Meanwhile, support
comes initially from 153-04/152-17, ahead of that 152-05 low. The latter now the
protection against a 151-26 fall.

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