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(M0) Bullish Focus *RES 4:.....>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (M0) Bullish Focus
*RES 4: 186-13 High Mar 10
*RES 3: 185-29 76.4% retracement of the Mar 9 - 18 decline
*RES 2: 184-07 High Mar 12
*RES 1: 182-31 High Apr 3 and key near-term bull trigger
*PRICE: 182-01 @ 11:57 BST, Apr 21
*SUP 1: 179-16 Low Apr 17
*SUP 2: 177-14 Low Apr 13 and 14 and key near-term support
*SUP 3: 176-20 Low Mar 24
*SUP 4: 174-28 Low Mar 23
30yr futures traded higher last week having found support at 177-14 on Apr 14,
just below the 20-day EMA. From a trend perspective, conditions are unchanged
and remain bullish. A positive outlook follows the recent recovery off the
50-day EMA on Mar 18/19, suggesting the broader uptrend is intact. With a
bullish theme in place, the focus is on 184-07, Mar 12 high and 186-13, Mar 10
high. Initial support is at 179-16, Apr 17 low. The bull trigger is 182-31.

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