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(H18) Recovery Still Lacks A...>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (H18) Recovery Still Lacks A 153-17 Break
*RES 4: 154-26/27 Nov 8, Nov 28 highs
*RES 3: 154-15/18 Dec 15, Dec 6 highs
*RES 2: 153-15/17 Dec 19 high, 76.4% Fibo of 154-15/150-14
*RES 1: 153-03/04 Dec 29, Dec 27 highs
*PRICE: 151-31 @1155GMT
*SUP 1: 151-12 Jan 2 low
*SUP 2: 151-07/08 Dec 22, Dec 21 highs, now support
*SUP 3: 150-14 Dec 20 low
*SUP 4: 150-07/10 May 11, Oct 27 lows
*COMMENTARY* The decline at the back end of last month found support from
150-14, keeping us above the key 150-10/150-07 lows from October and May last
year. The subsequent recovery has been impressive, reaching above 152-30
resistance, but with a high of 153-04, so far remains below the next resistance
of note, the 76.4% Fibo retrace level at 153-17. As a result, support moves to
151-12 and then more importantly 151-08/151-07. 

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