Profit Taking *RES 4: 158-09...>

US 30YR FUTURE TECHS: Profit Taking

*RES 4: 158-09        Sep 8 2017 low

*RES 3: 154-25/30     Series of prev highs

*RES 2: 152-03        38.2% 177-11-136-16

*RES 1: 150-21        Intraday high

*PRICE: 149-22        @ 10:24 GMT, Mar 29

*SUP 1: 146-08/145-23 50-dma/Mar 20 low

*SUP 2: 144-11/143-16 100-dma/Mar 4 low

*SUP 3: 143-19/10 50% 136-16-150-21/200-dma

*SUP 4: 141-04        Sep 28 high

Having touched multi-month highs of 150-21, profit taking pared light gains with

a move back under 150-00. The outright bullish trend remains intact with topside

focus on a break of the 38.2% retracement level at 152-03, above here opens a

run at 154-25/30 which has registered a series of previous highs. Bears need to

clear the 50-dma & Mar 20 low to stabilise the outlook, a break would extend the

downtrend toward the 100 & 200-dma's at 144-11/143-10.