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(H0) Recover Clears Key........>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (H0) Recover Clears Key Retracement
*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: 158-23 61.8% retracement of the Jan 8 - Jan 9 decline
*PRICE: 158-15 @ 11:42 GMT, Jan 15
*SUP 1: 157-27 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 are firmer today extending the past 5-day recovery. These gains
have taken on a stronger bullish significance this morning following the breach
of 158-06. This is the 61.8% retracement of the decline between Jan 8 - Jan 9
and paves the way for strength towards 158-23, the 76.4% level ahead of key
resistance at 159-19, Jan 8 high. A break of the latter would likely attract
fresh bullish interest. On the downside, support is at 157-27 and 156-28.

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