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(U9) Picking up fresh..........>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (U9) Picking up fresh momentum
*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: 156-17    Cycle High
*PRICE: 155-07    @ 10:56 BST, Jun 24
*SUP 1: 154-08    61.8% 152-27 - 156-17
*SUP 2: 154-00    Jun17 low
*SUP 3: 153-23    76.4% 152-27 - 156-17
*SUP 4: 150-17/01 50-dma/50% Mar-Jun rally
After an 8-day winning streak, 30-Yr futures peaked above 156-00 last week.
Despite a minor retracement back under 155-00, technical indicators are starting
to generate renewed momentum. Bulls target a return to the recent cycle high,
before challenging the 50% retracement level at 156-30. Any further gains could
see indicators stretched, suggesting the potential of a short-term reversal.

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