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(H18) Focus Back On Dec........>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (H18) Focus Back On Dec Highs
*RES 4: 154-18 High Dec 6
*RES 3: 153-31 Daily Bear Channel top (Off Sept high)
*RES 2: 153-22 Low Dec 15 now resistance
*RES 1: 153-04 High Dec 27
*PRICE: 152-26 @ 1030GMT
*SUP 1: 152-10 55-DMA
*SUP 2: 151-28 High Dec 20 now support
*SUP 3: 151-08 Highs Dec 21 & 22 now support
*SUP 4: 150-14 Lows Dec 21 & 22
*COMMENTARY: Correcting O/S daily studies provided the impetus for the
correction from Dec lows so far with closes above key DMAs seeing bulls back in
charge and focus on 153-31/154-18 where Dec highs and the bear channel top are
situated. Daily studies are well placed for gains, correcting from modestly O/S.
Bears now need a close below 151-28 to shift initial focus back to 150-14.

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