(H0) Bearish Outlook Remains...>

US 30YR FUTURE TECHS: (H0) Bearish Outlook Remains In Place

*RES 4: 159-05 High Dec 5

*RES 3: 159-02 High Dec 11 and near-term bull trigger

*RES 2: 158-11 High Dec 13

*RES 1: 157-09 High Dec 18

*PRICE: 156-24 @ 11:21 GMT, Dec 27

*SUP 1: 155-14 Low Dec 19

*SUP 2: 155-00 Low Nov 7 and key support

*SUP 3: 154-20 1.382 projection of Dec 3 to Dec 6 decline from Dec 11 high

*SUP 4: 154-08 1.50 projection of Dec 3 to Dec 6 decline from Dec 11 high

30yr futures are marginally firmer. The outlook remains bearish following last

weeks move lower that resulted in a break of key support at 155-23, Dec 13 low.

This confirms a resumption of the current bearish phase that began off the

160-13 high of Dec 3 with the focus now on 155.00, Nov 7 low and the next key

support. A break would open 154-20, a Fibonacci projection. Initial resistance

is at 157-09.