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(M18) 141-19/142-15 The........>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (M18) 141-19/142-15 The Immediate Bar To Further Recovery
*RES 4: 143-21 May 11 high
*RES 3: 143-10 Congestion area May 4-11
*RES 2: 142-15 May 9 low, now resistance
*RES 1: 141-17/19 Apr 25 low, May 16 high
*PRICE: 141-05 @1135GMT
*SUP 1: 140-14/20 Hourly support
*SUP 2: 140-05 May 17 low
*SUP 3: 139-14 76.4% Fibo of 127-23/177-11
*SUP 4: 138-27 1.618 swing of 155-26/158-09
*COMMENTARY* The fall continued last week, reaching a low of 140-05 on Thursday,
before seeing a small bounce aided by some near term oversold conditions. In
this respect, look to 141-17/141-19 for immediate resistance, the May 9 low at
142-15 of more consequence on any move higher. Initial support now from
140-20/140-14 protects the downside from another assault, the 76.4% Fibo retrace
level at 139-14 the next target below 140-05.

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