(Z17) 151-25 Break Can Fuel....>

US 30YR FUTURE TECHS: (Z17) 151-25 Break Can Fuel Further Corrective Potential

*RES 4: 153-10 Oct 17 low, now resistance

*RES 3: 152-20/25 Oct 23 high, Oct 18 low

*RES 2: 152-07/10 Congestion area Oct 20-24

*RES 1: 151-22/25 Oct 26 high, Oct 20 low

*PRICE: 151-17 @1205GMT

*SUP 1: 150-07/15 May 11 low, 2017 bull channel base proj'n

*SUP 2: 149-09 2% volatility band

*SUP 3: 148-24 76.4% Fibo of 145-26/158-09

*SUP 4: 147-14/15 Mar 16-17 lows

*COMMENTARY* Following the failure to reclaim levels above 151-25 last week, the

downside push continued, most latterly in a dip to 150-10 on Friday, just below

the 2017 bull channel base projection at 150-15 but for the time being still

above the May 11 low at 150-07. Will need to hold here to avoid the eventuality

of a deeper fall towards the lower 2% volatility band and perhaps the 76.4% Fibo

level at 148-24. Back above 151-22/151-25 can provide relief.