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(H0) Runaway Bull Trend *RES...>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (H0) Runaway Bull Trend
*RES 4: 168-22 2.50 projection of Nov 7 - Dec 3 high from Jan 1 low
*RES 3: 168-01 2.382 projection of Nov 7 - Dec 3 high from Jan 1 low
*RES 2: 167-08 2.236 projection of Nov 7 - Dec 3 high from Jan 1 low
*RES 1: 166-27 Intraday high
*PRICE: 166-14 @ 12:01 GMT, Feb 24
*SUP 1: 164-05 High Feb 3
*SUP 2: 162-18 Low Feb 19
*SUP 3: 161-15 Low Feb 12
*SUP 4: 160-15 Low Feb 6 and key support
30-yr futures continue to move from strength to strength. The clear break of the
Feb 3 high of 164-05 has confirmed a resumption of the broader uptrend that has
been in place since the Nov 7 low of 155-00. Moving average studies are in a
bull mode reinforcing current trend conditions although it is worth noting that
the trend is close to being overbought once again. Initial support is at 164-05,
the next objective is 167-08, a Fibonacci projection.

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