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(U18) Bears Need Close Below...>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (U18) Bears Need Close Below 144-16
*RES 4: 146-11 High July 6
*RES 3: 146-06 Weekly Bear channel top off Sept high
*RES 2: 145-28 High July 9
*RES 1: 145-07 Low July 13 now resistance
*PRICE: 145-03 @ 0930GMT
*SUP 1: 144-28 21-DMA
*SUP 2: 144-16 Low July 3
*SUP 3: 143-30 Low June 2
*SUP 4: 143-11 55-DMA
*COMMENTARY: Hesitation ahead of the 145-28/147-03 resistance region is less
than ideal for bulls. Bulls continue to look for a close above 147-03 to confirm
a break of the bear channel top and initially target a daily bull channel top
around 147-31. The 144-16 support remains key. Bears need a close below this
level to confirm a break of the 21-DMA and below 143-30 to pressure 143-01/13
where 55 & 100-DMAs are noted.

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