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(M0) Path Of Least.............>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (M0) Path Of Least Resistance Still Up
*RES 4: 177-212.236 projection of Jan 9 - Feb 3 rally from Feb 6 low
*RES 3: 175.24 2.000 projection of Jan 9 - Feb 3 rally from Feb 6 low
*RES 2: 175-00 Round number resistance
*RES 1: 174-16 High Mar 3
*PRICE: 172-13 @ 11:51 GMT, Mar 5
*SUP 1: 169-00 Low Mar 3
*SUP 2: 167-16 Low Feb 28
*SUP 3: 165-27 20-day EMA
*SUP 4: 165-18 Low Feb 26
30yr futures are set to continue heading north and clear the contract high from
Tuesday at 174-16. The break of the Feb 3 high of 163-03 on Feb 21 confirmed a
resumption of the broader uptrend that has been in place since the Dec lows. MA
studies are in a bull mode reinforcing current trend conditions although it is
still worth noting that the trend remains overbought. A key near-term support
has been defined at 169-00, the Mar 3 low. 175.24 is the next objective.

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