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(H0) Weakness Likely...........>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (H0) Weakness Likely Near-Term
*RES 4: 164-25 2.00 projection of Jan 2 - Jan 8 rally from Jan 9 low
*RES 3: 164-09 High Oct 4
*RES 2: 164-05 High Feb 3 and key resistance
*RES 1: 163-09/10 High Feb 10 / 76.4% of the Feb 3 - Feb 6 decline
*PRICE: 162-17 @ 11:50 GMT, Feb 13
*SUP 1: 161-15 Low Feb 12
*SUP 2: 160.15 Low Feb 6
*SUP 3: 159-24 50-day EMA
*SUP 4: 159-01 Low Jan 24
30yr futures have bounced with a risk averse mood dominating today's session so
far. The technical outlook though remains bearish following the sharp losses
between Feb 3 and Feb 6. Recent gains between Feb 6 and Feb 10 have been viewed
as a correction and the focus is on the potential for a move towards 159-24, an
area of support highlighted by the 50-day EMA. Initial resistance is at 163-09,
the Feb 10 high.

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