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(H0) Sell-Off Likely To........>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (H0) Sell-Off Likely To Extend
*RES 4: 160-22 High Nov 1
*RES 3: 160-13 High Dec 3 and primary resistance
*RES 2: 159-19 High Jan 8
*RES 1: 157-25 50-day EMA
*PRICE: 156-14 @ 11:39 GMT, Jan 9
*SUP 1: 156-07 Intraday low
*SUP 2: 155-05 Low Dec 2
*SUP 3: 155-00 Low Nov 7 and key support
*SUP 4: 154-19 1.00 projection of Oct 31 - Nov 7 decline from Dec 3 high
30yr futures were extremely choppy yesterday. The sell-off yesterday places on
hold a recent bullish focus. Price failed to remain and close above resistance
at 158-25, Jan 6 high and the 50-day EMA, an indicator used as a reliable trend
direction signal. A continued mover lower would open 155-05, Jan 2 low where a
break would expose 155-00, Nov 7 low and key support. Resistance is 157-25.

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