(M0) Focus Is On The 20-Day....>

US 30YR FUTURE TECHS: (M0) Focus Is On The 20-Day EMA

*RES 4: 191-30 4.00 projection of Jan 9 - Feb 3 rally from Feb 6 low

*RES 3: 191-22 High Mar 9 and bull trigger

*RES 2: 186-13 High Mar 10

*RES 1: 184-07 High Mar 12

*PRICE: 178-30 @ 11:52 GMT, Mar 17

*SUP 1: 172-05 Low Mar 13 and just below the 20-day EMA

*SUP 2: 170-18 Low Mar 4 and 5

*SUP 3: 169-00 Low Mar 3

*SUP 4: 167-16 Low Feb 28

30yr futures traded lower Friday extending last week's pullback. Price did

bounce off Friday's low though. The focus remains on the potential for a

continuation of a much needed correction lower. Futures have thus far retraced

to the 20-day EMA around 173-13 that represents an important area of support. If

cleared together with a break of Friday's 172.05 low , this would expose 170-18

and the 50-day EMA at 167-01. Initial resistance is at 184-07.