(M18) 143-04 Projection........>

US 30YR FUTURE TECHS: (M18) 143-04 Projection Target Protects Key 142-30/142-25

*RES 4: 145-19 Congestion area Apr 10-18

*RES 3: 145-09 Hourly base Apr 18, now resistance

*RES 2: 144-21/25 Apr 16, Apr 5 lows, now resistance

*RES 1: 144-16 Base broken 2 month support line

*PRICE: 143-24 @1119GMT

*SUP 1: 143-12 Apr 19 low

*SUP 2: 143-04 1.618 projection from 146-28 to 147-03/144-25

*SUP 3: 142-30 Mar 21 low

*SUP 4: 142-25 76.4% Fibo of 141-14/147-03

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

the 2 month rising support line, at 144-16 by time today. The subsequent fall

has also lost support from the 143-29/143-26 area, with a low of 143-12 attained

on Thursday. This just ahead of the next downside marker, the projection target

at 143-04, which in turn protects key 142-30/142-25. In the interim, resistance

comes initially from that 144-16 level and then 144-21/144-25.