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(M18) Bulls Need Close Above...>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (M18) Bulls Need Close Above 141-19
*RES 4: 142-18 21-DMA
*RES 3: 142-15 Low May 9 now resistance
*RES 2: 141-19 High May 16
*RES 1: 140-26 Low May 15 now resistance
*PRICE: 140-21 @ 0930GMT
*SUP 1: 140-08 Monthly Low Nov 2014
*SUP 2: 139-10 Weekly Bollinger band base
*SUP 3: 139-01 ST Daily Bear channel base
*SUP 4: 136-09 MT Daily Bear channel base
*COMMENTARY: M18 remained capped around the 21-DMA with immediate bearish focus
firmly on the 140-08 Nov 2014 monthly low. Below 140-08 remains needed to
initially focus on the base of the ST channel off Apr 11 highs with overall
focus on the base of the MT channel off Dec highs. Bulls continue to look for a
close above 141-19 to gain breathing room.

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