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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: 156-27    Jul High
*PRICE: 156-26    @ 10:42 BST, Jul 4
*SUP 1: 154-12    61.8% 152-27 - 156-27
*SUP 2: 154-00    Jun17 low
*SUP 3: 152-27    Jun 11 low
*SUP 4: 152-00/24 50-dma/38.2% Mar-Jul rally
30-Yr futures remain at elevated level currently challenging yesterday's fresh
cycle high at 156-27. Technical indicators remain bullish suggesting a
resumption of the utrend towards the 50% retracement level at 156-30. Above here
opens the Sep 8 2017 high at 158-09, ahead of a potential return to the
psychological 160-00 level. The Jun 17 low at 154-00 provides initial support.

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