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(U9) Overextended? *RES 3:.....>

US 30YR FUTURE TECHS: (U9) Overextended?
*RES 3: 158-09 Sep 8 2017 high
*RES 2: 156-30 50% Jul 2016 high-Oct 2018 low
*RES 1: 156-17 Cycle High
*PRICE: 155-20 @ 10:56 BST, Jun 20
*SUP 1: 154-00 Jun17 low
*SUP 2: 153-27 61.8% 152-27 - 155-15
*SUP 3: 150-08/09 50-dma/50% fibo Apr-May rally
The Fed move extended further through Asia-Pacific hours, putting the 30yr
future higher still. Yesterday's moves, however, are raising the risk that the
rally's been overdone, with various MA and valuation measures now suggesting a
pause, or minor correction, is next up. The Powell induced rally saw prices top
the 2% Upper Bollinger Band and boosted the RSI north of 70, indicating further
gains could be difficult. Bears need a break back under the Jun 17 low and Fib
support at 153-27 to change the short-term outlook.

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