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(M0) Needle Points North.......>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (M0) Needle Points North
*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: 183-02 High Apr 22 and the bull trigger
*PRICE: 181-21 @ 11:42 BST, Apr 24
*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: 175-07 50-day EMA
30yr futures remain bullish despite Wednesday's pullback. A bullish theme
follows recent gains off 177-14, the Apr 14 low. A positive outlook is also
reinforced by the recent strong broader recovery off the 50-day EMA on Mar
18/19, suggesting the uptrend remains intact. With a bullish theme holding,
attention 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 183-02, Apr 22 high.

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