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(U9) Momentum returns *RES.....>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (U9) Momentum returns
*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: 154-15 Jul 5 low
*PRICE: 154-03 @ 10:52 BST, Jul 16
*SUP 1: 152-31 50-dma
*SUP 2: 152-27 Jun 11 low
*SUP 3: 151-28 38.2% of Mar-Jul rally
*SUP 4: 149-30/06 100-dma/May 8 high
Despite briefly trading under 153-00 last week, 30-Yr futures are looking to
extend the recovery into a third straight session today. The break of 154-00
returns short-term focus to 154-15/20 which represents a series of hourly lows,
above here opens the 50% retracement level & Jul 5 high at 156-30/157-02. Former
trendline resistance-turned-support comes in at 153-13 today, a successful close
below returns downside focus on the 50-dma & Jun 11 low.

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