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(H18) Recovers But Still Shy...>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (H18) Recovers But Still Shy Of Key 154-00/154-26 Area
*RES 4: 154-23/26 76.4% 156-14/149-07, November highs, 1% vol
*RES 3: 154-18 Dec 6 high
*RES 2: 154-00 76.4% Fibo of 154-18/152-05
*RES 1: 153-26 Dec 13 high
*PRICE: 153-17 @1421GMT
*SUP 1: 152-17 Dec 8 low
*SUP 2: 152-05 Dec 12 low
*SUP 3: 151-26 Hourly base Dec 1, 1% volatility band
*SUP 4: 150-30 Nov 10, 13 lows
*COMMENTARY* A bounce from Tuesday's 152-05 low but so far this remains below
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
152-17, ahead of that 152-05 low. The latter now the protection against a 151-26
fall.

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