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(H0) Still Seen Heading........>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (H0) Still Seen Heading North
*RES 4: 164-00 Round number resistance
*RES 3: 163-23 1.764 projection of Jan 2 - Jan 8 rally from Jan 9 low resistance
*RES 2: 163-03 1.618 projection of Jan 2 - Jan 8 rally from Jan 9 low resistance
*RES 1: 162-25 High Jan 28
*PRICE: 161-23 @ 11:41 GMT, Jan 29
*SUP 1: 160.27 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 maintain a firmer tone with further gains seen likely near-term
despite yesterday's pullback. The technical condition is bullish and this was
reinforced by the recent break of former resistance at 160-26, Oct 31 high. The
focus is on a climb towards 163-03 and 163-23 next, both Fibonacci projections
ahead of the 164-00 handle. On the downside, initial support is at 160.27,
today's intraday low thus far.

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