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(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.

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