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(U18) Deep Pullback After......>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (U18) Deep Pullback After Tuesday's 145-28 Spike High
*RES 4: 145-28 May 29 high
*RES 3: 145-12 Intraday hourly recovery high
*RES 2: 144-28 Intraday hourly congestion area
*RES 1: 144-13/17 Hourly resistance
*PRICE: 143-27 @1120GMT
*SUP 1: 143-27 Hourly support
*SUP 2: 143-09/11 May 29 low, May 4 high
*SUP 3: 142-11/14 May 24 high, May 28 low
*SUP 4: 141-24/27 May 25 low, 61.8% of 139-11/145-28
*COMMENTARY* Had continued to rally well since seeing the 139-11 low on May 18.
Tuesday's latest rise has seen a spike to 145-28, just shy of the Apr 17 high at
146-02. The subsequent fall is on the back of an accumulation of overbought
conditions with 143-27 offering initial support against a return to yesterday's
143-09 low. Any lower will caution and suggest a deeper correction of those
gains from 139-11 is underway. Meanwhile, 144-13/145-12 becomes resistance.

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