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(M0) Approaching The 50-day....>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (M0) Approaching The 50-day EMA
*RES 4: 191-22 High Mar 9 and bull trigger
*RES 3: 186-13 High Mar 10
*RES 2: 184-07 High Mar 12
*RES 1: 173-13 Intraday high
*PRICE: 170-07 @ 10:56 GMT, Mar 18
*SUP 1: 167-16 Intraday low and just above the 50-day EMA
*SUP 2: 165-00 Low Feb 25
*SUP 3: 163-03 High Feb 3
*SUP 4: 161-20 Low Feb 19
30yr futures have traded lower again today. The focus is on continued bearish
pressure and an extension of a much needed correction. Futures have retraced
close to the 50-day EMA around 167-10 that represents an important area of
support. If cleared, this would reinforce current bearish conditions and pave
the way for a move towards 165-00, Feb 25 low. On the upside, initial key
resistance is at 182-21, the Mar 16 high.

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