(M18) Recovery Unable As Yet...>

US 30YR FUTURE TECHS: (M18) Recovery Unable As Yet To Sustain A 143-31 Break

*RES 4: 145-14 Broken 2 month support line

*RES 3: 145-01 Equality rise from 142-22 to 141-17/143-28

*RES 2: 144-25 Apr 5 low, now resistance

*RES 1: 144-08/12 May 4 high, hourly high Apr 19

*PRICE: 143-18 @1020GMT

*SUP 1: 143-02/05 Hourly support

*SUP 2: 142-22 May 2 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. Oversold as a result, back

above 143-31 has assisted but need to sustain this to improve the situation

further. Nearest supports now 143-02/142-22.