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(H0) Running Up Against........>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (H0) Running Up Against Resistance
*RES 4: 167-21 76.4% 2016 - 2018 decline
*RES 3: 167-18 High Aug 28 2019
*RES 2: 165-07 High Oct 7 / 8 2019 and key resistance
*RES 1: 165-02 High Feb 21
*PRICE: 164-27 @ 11:22 GMT, Feb 21
*SUP 1: 161-15 Low Feb 12
*SUP 2: 160-15 Low Feb 6
*SUP 3: 159-27 50-day EMA
*SUP 4: 159-01 Low Jan 24
30-yr futures moved from strength to strength Friday, taking out Fib resistance
to rise to new multi-month highs. Going forward, however, it's likely progress
will slow ahead of key resistance at 165-07. Any progress through here will firm
the outlook and the medium-term target shifts upwards to 167-18/21. For bears to
recapture any momentum, focus is on the potential for a move towards 159-27, an
area of support highlighted by the 50-day EMA.

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