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(H0) Volatile But Remains......>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (H0) Volatile But Remains Bullish
*RES 4: 160-26 High Oct 31
*RES 3: 160-22 High Nov 1
*RES 2: 160-13 High Dec 3 and primary resistance
*RES 1: 159-19 Intraday high
*PRICE: 157-19 @ 11:54 GMT, Jan 8
*SUP 1: 157-11 Low Jan 7
*SUP 2: 156-21 Low Jan 3
*SUP 3: 155-05 Low Dec 2
*SUP 4: 155-00 Low Nov 7 and key support
30yr futures earlier today rallied to a high of 159-19 before retracing the
entire move. Despite the volatile price action, futures maintain a near-term
bullish outlook. The focus is on the key resistance at 160-13, Dec 3 high. A
break would strengthen a bullish case and would also represent a significant
technical breach. This would open 160-26 initially, Oct 31 high and beyond.
Initial support lies at 157-11, Jan 7 low ahead of 156-21, Jan 3 low.

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