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(H0) Approaching Key...........>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (H0) Approaching Key Resistance
*RES 4: 160-13 High Dec 3 and primary resistance
*RES 3: 160-00 Round number resistance
*RES 2: 159-19 High Jan 8 and key resistance
*RES 1: 159-18 Intraday high
*PRICE: 159-10 @ 11:47 GMT, Jan 23
*SUP 1: 156-28 Low Jan 13 and 17
*SUP 2: 155-29 Low Jan 9 and key near-term support
*SUP 3: 155-05 Low Dec 2
*SUP 4: 155-00 Low Nov 7 and key support
30yr futures are firmer today, extending this week's recovery. The move higher
both yesterday and today, effectively negates the recent bearish outlook and
instead signals a stronger developing bullish theme. Attention is on 159-19, the
Jan 8 high and the next key resistance. A break would reinforce bullish
conditions and open 160-13, the Dec 3 high initially. Key support is at 156-28,
Jan 17 low.

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