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(M18) 145-14/145-29 The Bar....>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (M18) 145-14/145-29 The Bar To Real Upside Progress
*RES 4: 146-01 38.2% Fibo of 153-14/141-14
*RES 3: 145-29 1% vol band, 5 week bull channel top
*RES 2: 145-14/16 76.4% Fibo of 146-21/141-14, Mar 22 high
*RES 1: 145-02/06 Hourly resistance
*PRICE: 144-18 @0931GMT
*SUP 1: 144-06 Mar 23 low
*SUP 2: 143-13 Mar 20 low
*SUP 3: 143-01/08 1% vol band, 6 week rising support line
*SUP 4: 142-21/30 Mar 5, Mar 9, Mar 21 lows
*COMMENTARY* Found support at 142-30 last Wednesday, just above the early March
lows at 142-24/142-21 and the 1% volatility band, at the higher 143-01 by time
today. The subsequent bounce has moved through 144-24 but still has more
important 145-14/145-29 resistance to navigate, before real confidence in the
topside will appear. Meanwhile, 144-06/143-01 provides interim support, ahead of
that 142-30/142-21 area.

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