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(U0) Looking For Gains *RES....>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (U0) Looking For Gains
*RES 4: 180-28 High May 15
*RES 3: 179-18 High May 22
*RES 2: 178-26 High Jun 1 and a key resistance
*RES 1: 178.14 High Jun 15
*PRICE: 176-23 @ 11:48 BST, Jun 19
*SUP 1: 174-29 Low Jun 29
*SUP 2: 174-07 Low Jun 10
*SUP 3: 170-30 Low Jun 05
*SUP 4: 169-11 2.382 projection of Apr 21 - May 6 swing from May 15 high
30yr futures traded higher last week resulting in a move above the 20- and
50-day EMAs. This week however, they traded lower initially before finding
support off Tuesday's low. A bullish outlook is maintained. The focus is on the
178-26 resistance, high Jun 1 where a break would open 179-18 and 180-28, the
May 22 and May 15 highs respectively. Clearance of this zone would expose
181-15, Apr 21 high. Initial firm support is at 174-07, Jun 10 low.

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