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(U18) Momentum Building *RES...>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (U18) Momentum Building
*RES 4: 146-15 Top of 6-month trend channel
*RES 3: 146-11 Jul 6 5-month high
*RES 2: 146-10 200-dma (Generic)
*RES 1: 145-24 Aug 22 high
*PRICE: 145-02 @09:39 GMT
*SUP 1: 144-08 Aug 29 low
*SUP 2: 143-22 Trendline resistance-turned-support
*SUP 3: 143-19 Top end of Jul 24-Aug 9 range
*SUP 4 141-27 Aug 1 low
Based at 144-08 on Wednesday before tracking 10- and 5-year futures back through
145, shifting the short-term outlook to neutral. Bulls need to reclaim 145-24 to
stabilise the longer-term picture and challenge the 200-dma (Generic) at 146-11.
On the downside a break of trendline resistance turned support at 143.22 would
give bears renewed confidence, targeting the Aug lows at 141.27.

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