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(U17) Rally Falters At The.....>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (U17) Rally Falters At The Upper 1% Volatility Band
*RES 4: 156-27 2% volatility band 
*RES 3: 155-29 76.4% Fibo of 157-08/151-18 
*RES 2: 155-10 1% volatility band, Aug 4 high
*RES 1: 154-22/30 Hourly resistance
*PRICE: 154-10 @0953GMT
*SUP 1: 153-22 Aug 4 low
*SUP 2: 153-16/17 Jul 31 high, Aug 2 low
*SUP 3: 152-24/29 Congestion area Jul 28-Aug 1
*SUP 4: 152-09 Aug 1 low
*COMMENTARY* Rally was tempered at 155-10 last week by the upper 1% volatility
band, again at this level today. The subsequent fall has reached 153-22 so far
but stronger support is anticipated from 153-16 initially and then the congested
152-29/152-24 area. Will need to lose the latter before more important support
from 152-09/152-03 comes under the spotlight. Meanwhile, look to 154-22/154-30
for resistance.

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