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(M0) Bounce Off The 50-day.....>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (M0) Bounce Off The 50-day EMA
*RES 4: 186-13 High Mar 10
*RES 3: 184-07 High Mar 12
*RES 2: 181-19 High Mar 17
*RES 1: 175-31 High Mar 19
*PRICE: 175-22 @ 10:48 GMT, Mar 20
*SUP 1: 167-05 Low Mar 18 and just below 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 this week retraced back to the 50-day EMA around 167-10 that
represents an important area of support. The average continues to suggest the
broader trend is up and early signs also signal an end to the recent corrective
pullback. Key support has been defined at 167-05, while it holds there appears
to be scope for a continued move higher. A breach of 175-31 would open 181-19.
Sub 167-05 resumes the downtrend.

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