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(H1) Directional Triggers Intact

US 30YR FUTURE TECHS
  • RES 4: 177-20 High Oct 15
  • RES 3: 177-06 High Nov 5 and a reversal trigger
  • RES 2: 176-09 High Nov 6
  • RES 1: 175-21 High Nov 20 and the bull trigger
  • PRICE: 174-17 @ 11:54 GMT Dec 1
  • SUP 1: 173-19 Low Nov 25
  • SUP 2: 173-27 Low Nov 17
  • SUP 3: 172-16 Low Nov 16
  • SUP 4: 171-27 Low Nov 12

Recent price action in 30yr futures highlight 175-21, Nov 20 high and 173-19, Nov 25 low as key short-term directional triggers. A break through resistance would signal scope for a stronger recovery and open levels above 176-00 at 176-09, Nov 6 high and 177-06, Nov 5 high. It is still possible that recent gains have been a correction. Weakness through support at 173-19 would warn of a top and open 172-16, Nov 16 low.

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