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(U9) Stuck in The Range *RES...>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (U9) Stuck in The Range
*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: 153-31 @ 10:41 BST, Jul 17
*SUP 1: 153-02 50-dma
*SUP 2: 152-27 Jun 11 low
*SUP 3: 151-28 38.2% of Mar-Jul rally
*SUP 4: 150-01 100-dma
30-Yr futures trade 5 ticks either side of the 154-00 handle to remain in narrow
range trade. A downside break of former trendline resistance-turned-support at
153-13 is needed, before challenging the 50-dma & Jul 12 low. Below here opens
the potential of a return to the psychological 150-00 level, the 100-dma
intersects at 150-01 and has not closed under here since early Dec 2018. The Jul
8 high provides resistance at 155-22.

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