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(Z17) 151-25 Break Sees........>

US 30YR FUTURE TECHS: (Z17) 151-25 Break Sees Scope For 152-20/153-11 Recovery
*RES 4: 154-05/10 Oct 13 high, 50% of 158-09/150-10
*RES 3: 153-15 1% volatility band
*RES 2: 153-10/11 Oct 17 low, 38.2% of 158-09/150-10
*RES 1: 152-20/25 Oct 23 high, Oct 18 low
*PRICE: 152-05 @1130GMT
*SUP 1: 151-22 Hourly support
*SUP 2: 150-27 Hourly congestion area  Oct 25-26
*SUP 3: 150-07/10 May 11, Oct 27 lows
*SUP 4: 148-24/29 76.4% of 145-26/158-09, 2% vol band
*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 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 151-25 has helped, 152-25/153-11 the next bar to progress.

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