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(U18) 147-03 Resistance Key....>

US 30YR FUTURE TECHS: (U18) 147-03 Resistance Key
*RES 4: 147-03 Monthly high Apr (Cont)
*RES 3: 147-01 Daily Bull channel top off May low
*RES 2: 146-23 Weekly Bear channel top off Sept high
*RES 1: 146-11 High July 6
*PRICE: 145-15 @ 0930GMT
*SUP 1: 144-30 Daily Bull channel base off May low
*SUP 2: 144-16 Low July 3
*SUP 3: 144-09 21-DMA
*SUP 4: 143-30 Low June 26
*COMMENTARY: The contract is looking offered having stalled ahead of the bear
channel top off Sept highs coming in around 147-01 today. Bulls need a close
above 147-03 to confirm a break and shift focus to 150-10 (Oct Low). Correcting
modestly O/B studies are a concern for bulls. Layers of support are noted
143-30/144-30. Bears need a close below 143-30 to confirm breaks of the channel
base and 21-DMA, shifting focus back to 143-01/06 where 55 & 100-DMAs are noted.

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