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(U18) Layers Of Resistance.....>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (U18) Layers Of Resistance 145-28/147-03 Key
*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: 145-18 High July 19
*PRICE: 145-05 @ 0930GMT
*SUP 1: 144-12 Low July 19
*SUP 2: 143-30 Low June 2
*SUP 3: 143-17 55-DMA
*SUP 4: 143-01 Low June 21
*COMMENTARY: Failure to gain traction on the marginal break of 144-16 resulted
in a bounce that sees focus back on layers of resistance 145-28/147-03 where the
weekly bear channel top and Apr highs are noted. Bulls need a close above 146-11
to end the current correction and reconfirm a bullish bias. Above 147-03 targets
149-22/00. Bears need a close below 144-12 to shift focus back to 143-01/17
where 55 & 100 (143-16) DMAs are situated.

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