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(H0) Bulls Still In Charge.....>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (H0) Bulls Still In Charge
*RES 4: 170-03 2.764 projection of Nov 7 - Dec 3 high from Jan 1 low
*RES 3: 169-10 2.618 projection of Nov 7 - Dec 3 high from Jan 1 low
*RES 2: 168-22 2.50 projection of Nov 7 - Dec 3 high from Jan 1 low
*RES 1: 168-05 High Feb 25
*PRICE: 166-27 @ 11:46 GMT, Feb 26
*SUP 1: 165-15 Low Feb 24
*SUP 2: 164-05 High Feb 3 and former breakout level
*SUP 3: 162-18 Low Feb 19
*SUP 4: 161-15 Low Feb 12
Although lower today, 30-yr futures remain bullish and continue to move from
strength to strength with a fresh trend high print yesterday of 168-05. The
break of the Feb 3 high of 164-05 confirmed a resumption of the broader uptrend
that has been in place since the Nov 7 low of 155-00. MA studies are in bull
mode reinforcing current trend conditions although it is worth noting that the
trend remains overbought. Support is at 164-05, the next objective is 168-22.

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