(M18) Recovery Now Has.........>

US 30YR FUTURE TECHS: (M18) Recovery Now Has 143-09/143-21 Within Sight

*RES 4: 144-08 May 4 high

*RES 3: 143-20/21 50% of 147-03/140-05, May 11 high

*RES 2: 143-09/11 Congestion area May 4-11, 76.4% Fibo 

*RES 1: 143-06 May 24, intraday highs

*PRICE: 143-04 @1039GMT

*SUP 1: 142-01 May 24 low

*SUP 2: 141-18/19 May 16, May 21 highs, now support

*SUP 3: 141-01 May 22 low

*SUP 4: 140-21 Initial recovery high May 18, now support

*COMMENTARY* The fall continued last week, reaching a low of 140-05 on Thursday,

before seeing a bounce aided by some near term oversold conditions. In this

respect, the 141-18/141-19 resistance area has now been overcome, as has the

dual Fibo retrace levels between 142-22/142-26. This now leaves 143-09/143-21 as

the next target range higher. Initial support now from 142-01 and then that

141-19/141-18 region, of more consequence below.