(M18) 142-04 Next Support,.....>

US 30YR FUTURE TECHS: (M18) 142-04 Next Support, Becoming Oversold In Near Term

*RES 4: 144-25 Apr 5 low, now resistance

*RES 3: 144-21 Base broken 2 month support line

*RES 2: 143-31 Apr 20 high

*RES 1: 143-12 Apr 19 low

*PRICE: 142-20 @1113GMT

*SUP 1: 142-09 Intraday low

*SUP 2: 142-04 Feb 27 low

*SUP 3: 141-29 2% volatility band

*SUP 4: 141-14 Feb 21 low

*COMMENTARY* The fall from last Wednesday's 146-02 recovery high has broken

beneath the 2 month rising support line, at 144-21 by time today. The subsequent

fall has also now surpassed the 76.4% Fibo retrace level at 142-25, a low of

142-09 at the time of writing, as we head towards next support from the Feb 27

low at 142-04. Some near term oversold conditions now showing and may prevent a

look at the lower 2% volatility band. Resistance 143-12/143-31.