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(U18) Daily Reversal...........>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (U18) Daily Reversal Potential After Breakout
*RES 4: 145-00 Jul 12 low, now resistance
*RES 3: 144-23 Jul 16 low, now resistance
*RES 2: 144-12 Jul 19 low, Jul 23 high
*RES 1: 144-05 Intraday resistance
*PRICE: 144-11 @10:25 GMT
*SUP 1: 144-05 Trendline previously broken
*SUP 2: 143-29 50 dma
*SUP 3: 143-19 Top end of Jul 24-Aug 9 range
*SUP 4 141-27 Aug 1 low
The 30-year future is showing signs of reversal on the daily chart after the
decisive Aug 10 breakout of its previous trading range which topped at 143-19 as
well as a six-week downtrend. Currently on the daily lows of 144-11, holding
above the downward trendline which comes in at 144-05 will be key to maintaining
upside momentum.

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