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(Z18) Bearish Technical........>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (Z18) Bearish Technical Picture Maintained
*RES 4: 145-20 Top of triangle beginning May; 200-DMA
*RES 3: 143-22 100-DMA
*RES 2: 142-31 Bottom of triangle beginning May
*RES 1: 142-13 Sep 7 / Sep 10 lows
*PRICE: 141-31 @10:26 GMT, 14 Sep
*SUP 1: 141-27/141-28 Aug 1/Sep 11 lows
*SUP 2: 141-24 Bottom of trend channel beginning June
*SUP 3: 140-05 May 18 low
*SUP 4: 136-31 61.8% retracement (112-00 in 2009/177-11 in 2016)
Wednesday's bounce proved limited, keeping the 30-Yr Dec18 contract in the major
downtrend and maintaining the bearish technical picture. Support is clustered at
141-25/141-27/141-28 (the Aug 1 low / Sep 11 low / bottom of the trend channel
beginning in June). A break below here puts the focus on the 140-95 May 18 low.
Beyond that, there is little support ahead of 136-31, the 61.8% retracement of
2009 low to 2016 high, a level not seen since 2014.

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