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(H0) Correction Over? *RES.....>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (H0) Correction Over?
*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: 158-25 High Jan 16
*PRICE: 157-16 @ 11:43 GMT, Jan 17
*SUP 1: 157-05 Intraday low
*SUP 2: 156-28 Low Jan 13
*SUP 3: 155-29 Low Jan 9 and key near-term support
*SUP 4: 155-05 Low Dec 2
30yr futures found resistance at yesterday's 158-25 high and remain under
pressure. The failure signals a potential end to the recovery between Jan 9 -
Jan 16 and suggests the move higher during this period has been a correction. If
correct, the pullback implies the correction is over and exposes 155-29, Jan 9
low. A break would open 155-05, Jan 2 low and the 155-00 key support from Nov 7.
On the upside, clearance of 158-25 would instead expose 159-19.

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