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(U18) Testing Support *RES.....>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (U18) Testing Support
*RES 4: 146-15 Top of 6-month trend channel
*RES 3: 146-11 Jul 6 5-month high
*RES 2: 146-08 200-dma (Generic)
*RES 1: 145-24 Aug 22 high
*PRICE: 144-16 @10:33 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
The 30-Yr contract has tested, but rebounded from initial support at 144-08,
maintaining the bullish structure developed from early August lows. Holding
above here and 143-18 is key to keep focus on upper end of recent range at
145-29. However, technical indicators point to fading momentum, meaning a break
higher at this stage could be difficult. A break below 143-18 would develop a
bearish technical signal, putting focus on the 141-27 early August low.

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