(M9) False bearish break.......>

US 30YR FUTURE TECHS: (M9) False bearish break

*RES 4: 149-31 61.8% 158-09-136-16

*RES 3: 148-27 Jan 4 ytd high

*RES 2: 147-05/06 Feb 19 high/Mar 12 high

*RES 1: 146-10/17 Pivot resistance 1/2

*PRICE: 146-01 @ 10:10 GMT, Mar 20

*SUP 1: 143-16/25 Mar 4 low/100-dma

*SUP 2: 143-09/142-22 200-dma/50% 136-16 to 148-27

*SUP 3: 141-04 Sep 28 high

*SUP 4: 139-14/13 Dec 3 low/76.4% 136-16-148-27

30-yr futures made a decent break lower in the Tuesday session, but the market's

inability to push prices through the 50-dma at 145-29 keeps the focus on the

upside for now. Bulls keep an eye on the Friday high at 146-17 for direction. A

break and close above here opens a move toward pivot resistance at 146-28/147-10

and the Jan 4 ytd high at 148-27. Bears need a break back under 145-00 to

stabilise the outlook, before focusing on the Mar 4 low at 143-16.