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(H18) Volatility Band..........>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (H18) Volatility Band Protects Channel Bases
*RES 4: 150-10 Jan 15, Jan 16 lows, now resistance
*RES 3: 149-16/22 Jan 25, Jan 23 highs
*RES 2: 149-03 Jan 10 low, now resistance
*RES 1: 148-20 Hourly resistance
*PRICE: 147-29 @1235GMT
*SUP 1: 147-20 1% volatility band
*SUP 2: 146-30 7 week & 5 month bear channel base projection 
*SUP 3: 146-23 Mar 14 low
*SUP 4: 146-06 2% volatility band
*COMMENTARY* Has lost support from both 149-17 and the key key 76.4% Fibo
retrace level at 148-24 over the last couple of weeks. Beneath here and the
lower 1% volatility band at 147-20, is the next area of support, ahead of the 7
week and 5 month bear channel base projections, which coincide at 146-30 today.
Meanwhile, 148-20 and then more significantly 149-03 provide resistance to any
recovery efforts.

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