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

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (U18) 147-03 Resistance Key
*RES 4: 146-15 Weekly Bear channel top off Sept high
*RES 3: 146-11 High July 6
*RES 2: 145-28 High July 9
*RES 1: 145-12 Low July 6 now resistance
*PRICE: 145-00 @ 0930GMT
*SUP 1: 144-16 Low July 3
*SUP 2: 144-12 21-DMA
*SUP 3: 143-30 Low June 26
*SUP 4: 143-07 100-DMA
*COMMENTARY: The contract remains offered having stalled ahead of the bear
channel top off Sept highs coming in around 146-15 today. The contract is
trading below the bull channel base (145-03) off May lows with bears now focused
on the 143-30/144-16 support region. A close below 143-30 is needed to target 55
(143-01) & 100-DMAs. Bulls look for a close above 145-12 to gain breathing room
and above 145-28 to return focus to 146-11/15.

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