(H0) Trades Through Support....>

US 30YR FUTURE TECHS: (H0) Trades Through Support

*RES 4: 159-05 High Dec 5

*RES 3: 159-02 High Dec 11 and near-term bull trigger

*RES 2: 158-11 High Dec 13

*RES 1: 157-09 High Dec 18

*PRICE: 155-15 @ 11:40 GMT, Dec 19

*SUP 1: 155-00 Low Nov 7 and key support

*SUP 2: 154-20 1.382 projection of Dec 3 to Dec 6 decline from Dec 11 high

*SUP 3: 154-08 1.50 projection of Dec 3 to Dec 6 decline from Dec 11 high

*SUP 4: 153-28 1.618 projection of Dec 3 to Dec 6 decline from Dec 11 high

30yr futures have continued to weaken today extending this week's slide and

importantly, clearing the key support at 155-23, Dec 13 low. This confirms a

resumption of the current bearish phase that began off the 160-13 high of Dec 3.

The break lower opens 155.00, Nov 7 low that also marks the next key support. A

break here would open 154-20, a Fibonacci projection. Initial resistance is seen

at 157-09.