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US 30YR FUTURE TECHS: (Z18)....>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: US 30YR FUTURE TECHS: (Z18) Failed Bounce
*RES 4: 145-20 Top of triangle beginning May; 200-DMA
*RES 3: 143-18 100-DMA
*RES 2: 142-31 Bottom of triangle beginning May
*RES 1: 142-13 Sep 7 / Sep 10 lows
*PRICE: 141-20 @09:35 GMT, 18 Sep
*SUP 1: 141-07 Sep 17 low
*SUP 2: 140-05 May 18 low
*SUP 3: 136-31 61.8% retracement (112-00 in 2009/177-11 in 2016)
*SUP 4: 134-11 Sep 30 2014 low
Recovery efforts have so far been capped ahead of 141-50, suggesting the major
downtrend remains in place amid the outright bearish outlook. Near-term support
is seen at 140-05 from the May 18 low, a break below here opens the 61.8%
retracement of the 2009 low to 2016 high at 136-31. Bulls need to reclaim the
bottom of the triangle and 100-dma to change the short-term outlook, before
challenging triangle top & 200-dma resistance at 145-20.

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