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Targeting May highs *RES 4:....>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: Targeting May highs
*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: 149-21    Apr 1 high
*PRICE: 148-21    @ 09:49 GMT, May 10
*SUP 1: 147-11/06 Trendline supp/50-dma
*SUP 2: 146-15    100-dma
*SUP 3: 145-31/23 Apr 17 low/Mar 20 low
*SUP 4: 143-24/19 200-dma/50% 136-16-150-21
US 30-Yr futures traded through but failed to close above 149-00 for a second
consecutive session, giving more importance to this level. A positive weekly
close would see bulls target the Apr 1 high at 149-21, ahead of the Mar 28 ytd
high at 150-21. Bears need to take out trendline support and the 50-dma to
change the outlook, opening a run at the 100-dma at 146-15.

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