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(U18) Continues Retreat From...>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (U18) Continues Retreat From Key 145-25/145-28 Area
*RES 4: 145-18 Jul 19 high
*RES 3: 145-00 Jul 12 low, now resistance
*RES 2: 144-12 Jul 23 high
*RES 1: 144-00 Hourly resistance
*PRICE: 143-02 @1103GMT
*SUP 1: 142-25/27 Jul 23 low, 50% Fibo of 139-11/146-11
*SUP 2: 142-18 Jun 11 low
*SUP 3: 142-01 Jun 7 low, 61.8% Fibo of 139-11/146-11
*SUP 4: 141-00 76.4% Fibo of 139-11/146-11
*COMMENTARY* Broke through the 145-16 area early in the month and has been
followed by a test toward the equality rise target at 145-25 and the May 30 high
at 145-28. Meanwhile, the subsequent pullback has now lost key support from
143-30. Loss here suggests scope to see a further 142-27/142-01 fall. In the
interim, resistance from 144-00 and then yesterday's 144-12 high. Back above
here needed before any respite is likely.

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