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(M9) 100-DMA Yet to Break......>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (M9) 100-DMA Yet to Break
*RES 4: 154-25/30 Series of prev highs
*RES 3: 152-03 38.2% 177-11-136-16
*RES 2: 150-21 Mar 28 high
*RES 1: 148-17 Apr 10 high
*PRICE: 146-11 @ 09:39 GMT, Apr 23
*SUP 1: 145-23 Mar 20 low
*SUP 2: 145-23 100-dma
*SUP 3: 143-19/18 50% 136-16-150-21/200-dma
*SUP 4: 142-10 Dec 13 2018 low
Up trendline support from the Nov lows at around 146-13 provides some support
this week. A positive close Tuesday would see bulls target the Apr 10 high at
148-17 to stabilise the outlook. Bears look for a move back below 146-00/05 to
regain control, targeting a break of the Mar 20 low & 100-dma at 145-23/21.
Below here opens the 50% retracement level & 200-dma at 143-19/18.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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