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(H0) DownsideAppears Likely....>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (H0) DownsideAppears Likely To Extend
*RES 4: 160-13 High Dec 3 and primary resistance
*RES 3: 159-19 High Jan 8
*RES 2: 158-06 61.8% retracement of the Jan 8 - Jan 9 decline
*RES 1: 157-26 High Jan 10
*PRICE: 157-07 @ 11:40 GMT, Jan 13
*SUP 1: 155-29 Low Jan 9
*SUP 2: 155-05 Low Dec 2
*SUP 3: 155-00 Low Nov 7 and key support
*SUP 4: 154-19 1.00 projection of Oct 31 - Nov 7 decline from Dec 3 high
30yr futures are weaker so far today and likely to remain on the defensive
following last week's sharp pullback off the day high of 159-19. This move
places on hold a recent bullish focus. Price failed to remain and close above
158-25, Jan 6 high and the 50-day EMA, an indicator used as a reliable trend
direction signal. A continued mover lower would open 155-05, Jan 2 low where a
break would expose 155-00, Nov 7 low and the key support. Resistance is 157-26. 

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