(M18) 142-21 Support Now.......>

US 30YR FUTURE TECHS: (M18) 142-21 Support Now Pivotal To Near Term Direction

*RES 4: 146-21 Feb 6 high

*RES 3: 146-01 38.2% Fibo of 153-14/141-14

*RES 2: 145-14 76.4% Fibo of 146-21/141-14

*RES 1: 144-20/28 Mar 2 high, 1% volatility band

*PRICE: 143-16 @0950GMT

*SUP 1: 142-21 Mar 5 low

*SUP 2: 142-04 Feb 27 low

*SUP 3: 142-00 1% volatility band

*SUP 4: 141-14 Feb 21 low

*COMMENTARY* The recovery from last month's 141-14 base made it back to the

upper 1% volatility band, now at 144-28 by time today. Will require a further

rise through here however and then the 76.4% Fibo retrace level at 145-14,

before any real belief in a continued rise will occur. Meantime, support from

the Mar 2 low at 143-05 has been lost, so focus is now on 142-21 and then the

more important Feb 27 low at 142-04.