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(M18) Rally Continues Toward...>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (M18) Rally Continues Toward Next Fibo Retrace At 147-14
*RES 4: 148-04 Jan 10 low, now resistance
*RES 3: 147-14 50% Fibo of 153-14/141-14
*RES 2: 147-03 Apr 2 high
*RES 1: 146-29 1% volatility band
*PRICE: 146-15 @1042GMT
*SUP 1: 145-31 Apr 2 low
*SUP 2: 145-11 Mar 16 high, now support
*SUP 3: 144-20 Mar 2 high, now support
*SUP 4: 144-06 Mar 23 low
*COMMENTARY* Rally has continued, Monday breaking above the previous 146-24
high, to reach 147-03 so far. Some near term overbought conditions have since
arisen, so looking to yesterday's 145-31 low for initial support and protection
against a deeper 145-11 setback. Ideally any pullbacks are held above here, if
recent upside momentum is to remain undisturbed. Some resistance from the upper
1% volatility band but directly through 147-03 would target 147-14 next.

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