(M18) Further Recovery.........>

US 30YR FUTURE TECHS: (M18) Further Recovery Requires A 143-27/143-30 Break

*RES 4: 145-06 Equality rise from 142-15 to 141-14/144-08

*RES 3: 144-25 Apr 5 low, now resistance

*RES 2: 144-08/12 May 4 high, hourly high Apr 19

*RES 1: 143-27/30 May 7, May 3 highs

*PRICE: 143-15 @1020GMT

*SUP 1: 142-24 Hourly support

*SUP 2: 142-15 May 9 low

*SUP 3: 142-02 Hourly base Apr 26 

*SUP 4: 141-14/17 Feb 21, Apr 25 lows

*COMMENTARY* The fall from the Apr 17 recovery high at 146-02 saw a break

beneath the 2 month rising support line last month. The subsequent fall has also

surpassed the 76.4% Fibo retrace level at 142-25, a low of 141-17 so far, just

above the next support from the Feb 21 low at 141-14. The move back above 143-30

has assisted but needs to sustain this to improve the situation further. Nearest

support now 142-24/142-15.