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(U9) Trendline Support.........>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (U9) Trendline Support Breached
*RES 4: 161-24        61.8% Jul 2016 high-Oct 2018 low
*RES 3: 158-09        Sep 8 2017 high
*RES 2: 157-02        Jul 5 high
*RES 1: 156-30        50% Jul 2016 high-Oct 2018 low
*PRICE: 154-01        @ 10:42 BST, Jul 10
*SUP 1: 153-29        Intraday low
*SUP 2: 152-27        Jun 11 low
*SUP 3: 152-14/151-28 50-dma/38.2% Mar-Jul rally
*SUP 4: 149-21/06     100-dma/May 8 high
30-Yr futures breached and closed below trendline support drawn off the May 3
low. The downtrend extended to 153-29 further highlighting the correction off
last week's cycle high. Momentum indicators have turned to a more balanced
outlook, opening the 50-dma & 38.2% fibo of Mar-Jul rally at 152-14/151-28.
Bulls need to recover 155-00 & Monday's high to stabilise the short-term
outlook.

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