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(H0) Path Of Least.............>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (H0) Path Of Least Resistance Still Up
*RES 4: 175-00 Round number resistance
*RES 3: 173.27 1.764 projection of Jan 9 - Feb 3 rally from Feb 6 low
*RES 2: 172-21 1.618 projection of Jan 9 - Feb 3 rally from Feb 6 Low
*RES 1: 172-09 High Mar 2
*PRICE: 169-26 @ 11:26 GMT, Mar 3
*SUP 1: 167-16 Low Feb 28
*SUP 2: 165-18 Low Feb 26
*SUP 3: 164-15 20-day EMA
*SUP 4: 163-03 High Feb 3 and former breakout level
30yr futures continue to head north with a fresh trend high print once again
yesterday of 172-09. The break of the Feb 3 high of 163-03 on Feb 21 confirmed a
resumption of the broader uptrend that has been in place since the Dec lows. MA
studies are in a bull mode reinforcing current trend conditions although it is
still worth noting that the trend remains overbought. Support is at 167-16, the
next objective is 172-21 and 173-27, both Fibonacci projections.

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