(M18) Recovery Unable To.......>

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

*RES 4: 144-25 Apr 5 low, now resistance

*RES 3: 144-08/12 May 4 high, hourly high Apr 19

*RES 2: 143-27 May 7 high

*RES 1: 143-12 May 7 low, now resistance

*PRICE: 142-25 @0955GMT

*SUP 1: 142-15 May 9 low

*SUP 2: 142-02 Hourly base Apr 26 

*SUP 3: 141-14/17 Feb 21, Apr 25 lows

*SUP 4: 140-26 2.618x 147-03/144-25 from 146-28

*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 143-31

has assisted but needed to sustain this to improve the situation further.

Nearest support now 142-15/142-02.