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(H0) Still Heading North.......>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (H0) Still Heading North
*RES 4: 170-03 2.764 projection of Nov 7 - Dec 3 high from Jan 1 low
*RES 3: 170.00 Round number resistance
*RES 2: 169-10 2.618 projection of Nov 7 - Dec 3 high from Jan 1 low
*RES 1: 168-22 2.50 projection of Nov 7 - Dec 3 high from Jan 1 low
*PRICE: 168-16 @ 11:52 GMT, Feb 27
*SUP 1: 165-31 Low Feb 25
*SUP 2: 165-15 Low Feb 24
*SUP 3: 164-05 High Feb 3 and former breakout level
*SUP 4: 162-18 Low Feb 19
30-yr futures continue to head north with a fresh trend high print once again
today of 168-19. The break of the Feb 3 high of 164-05 last week confirmed a
resumption of the broader uptrend that has been in place since the Nov 7 low of
155-00. MA studies are in bull mode reinforcing current trend conditions
although it is worth noting that the trend remains overbought. Support is at
165-31, the next objective is 168-22 and 169-10.

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