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(H0) Spikes Higher *RES 4:.....>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (H0) Spikes Higher
*RES 4: 164-00 Round number resistance
*RES 3: 163-03 1.618 projection of Jan 2 - Jan 8 rally from Jan 9 low resistance
*RES 2: 162-18 1.50 projection of Jan 2 - Jan 8 rally from Jan 9 low resistance
*RES 1: 162-02 Intraday high
*PRICE: 161-24 @ 11:54 GMT, Jan 27
*SUP 1: 161-00 Intraday low
*SUP 2: 159-01 Low Jan 24
*SUP 3: 158-05 Low Jan 22
*SUP 4: 156-28 Low Jan 13 and 17 and key near-term support
30yr futures maintains a firmer tone. With risk clearly off the table, further
gains are seen likely near-term. The technical condition is bullish too and this
has been reinforced today following sharp gains and the clear break of
resistance at 160-26, Oct 31 high. Attention is on scope for further upside
towards 162-18 and 163-03, both Fibonacci projections ahead of the 164-00
handle. Initial support lies at 161-00 today's intraday low thus far.

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