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(M18) Rally Falters Just.......>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (M18) Rally Falters Just Beneath Apr 17 High At 146-02
*RES 4: 147-03 Apr 2 high, 38.2% of 158-09/140-05
*RES 3: 146-00/02 Intraday, Apr 17 high
*RES 2: 145-20/25 Intraday hourly highs
*RES 1: 145-14/17 Hourly resistance
*PRICE: 145-06 @1115GMT
*SUP 1: 144-17/20 Hourly support
*SUP 2: 144-04 Intraday low
*SUP 3: 143-06/09 May 24 high, May 28 low
*SUP 4: 142-12 Congestion area May 23-24
*COMMENTARY* Has continued to rally well since seeing the 140-05 low on May 18.
Today's latest rise has seen a spike to 146-00, just shy of the Apr 17 high at
146-02. The subsequent fall is on the back of an accumulation of overbought
conditions with 144-20/144-17 offering support against a return to the day's
144-04 low. Any lower will caution and suggest a correction of those gains from
140-05 is underway. Meanwhile, 145-14/145-25 stands in the way of a fresh rise.

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