(H0) Focus Is On Key Support...>

US 30YR FUTURE TECHS: (H0) Focus Is On Key Support

*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: 157-01 High Dec 27

*PRICE: 155-25 @ 11:48 GMT, Dec 30

*SUP 1: 155-14 Low Dec 19 and intraday bear trigger

*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 under pressure once again. The outlook remains bearish

following December's decline with price action maintaining a bearish sequence of

lower lows and lower highs. The move lower this month also signals a resumption

of the broader bearish phase that began in August. The focus is on 155.00, Nov 7

low that and the next key support. A break would open 154-20, a Fibonacci

projection. Initial resistance is at 157-01.