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(U9) Challenging Cycle Highs...>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (U9) Challenging Cycle Highs
*RES 4: 161-24    61.8% Jul 2016 high-Oct 2018 low
*RES 3: 158-09    Sep 8 2017 high
*RES 2: 156-30    50% Jul 2016 high-Oct 2018 low
*RES 1: 155-01    Jun 3 high
*PRICE: 154-25    @ 09:54 GMT, Jun 14
*SUP 1: 152-11/01 Pivotal support/May30 low
*SUP 2: 151-00    May 28 low
*SUP 3: 149-22/09 50-dma/50% fibo Apr-May rally
*SUP 4: 148-21/02 T-line support off Mar lows/100-dma
*SUP 5: 147-29    61.8% Apr-May rally
Iran & global trade tensions triggered fresh risk-off with the 30-Yr extending
to 154-27. Bulls need to clear the double-top resistance area at 154-30, before
challenging recent cycle highs. Consolidation above brings the 50% retracement
level back into view at 156-30. Bears need a break back under the Jun 11 low &
pivotal support at 152-27/11 to change the s/t outlook.

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