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(U9) Challenging 155-00 *RES...>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (U9) Challenging 155-00
*RES 4: 158-09 Sep 8 2017 high
*RES 3: 157-02 Jul 5 high
*RES 2: 156-30 50% Jul 2016 high-Oct 2018 low
*RES 1: 155-22 Jul 8 high
*PRICE: 154-22 @ 10:42 BST, Jul 23
*SUP 1: 153-19 50-dma
*SUP 2: 152-27 Jun 11 low, key support
*SUP 3: 151-28 38.2% of Mar-Jul rally
*SUP 4: 150-12 100-dma
30-Yr treasury futures continue to probe the 155-00 level with gains above
155-05/10 proving hard to overcome. The hold above former trendline
resistance-turned-support and the 50-dma suggests a period of consolidation.
Technical indicators are also generating bullish signals. Focus remains on key
resistance at 156-30/157-02 from the 50% retracement level & Jul 5 ytd high.
Support at 152-27 from the Jun 11 low.

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