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(H0) Downside Focus *RES 4:....>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (H0) Downside Focus
*RES 4: 164-25 2.00 projection of Jan 2 - Jan 8 rally from Jan 9 low
*RES 3: 164-09 High Oct 4
*RES 2: 164-05 High Feb 3 and key resistance
*RES 1: 163-09/10 High Feb 10 / 76.4% of the Feb 3 - Feb 6 decline
*PRICE: 162-10 @ 11:41 GMT, Feb 14
*SUP 1: 161-15 Low Feb 12
*SUP 2: 160.15 Low Feb 6
*SUP 3: 159-27 50-day EMA
*SUP 4: 159-01 Low Jan 24
30yr futures continue to trade below Monday's high. The technical outlook
remains bearish following the sharp losses between Feb 3 and Feb 6. Recent gains
between Feb 6 and Feb 10 have been viewed as a correction and the focus is on
the potential for a move towards 159-27, an area of support highlighted by the
50-day EMA. Initial resistance is at 163-09, the Feb 10 high.

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