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(M0) Tests The 50-day EMA......>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (M0) Tests 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: 174-20 High Mar 18
*PRICE: 170-08 @ 10:48 GMT, Mar 19
*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 traded lower yesterday. The focus is on continued bearish pressure
and an extension of a much needed correction. Futures have retraced back 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. Yesterday's 167-05 low is an important bear
trigger. Initial key resistance is at 174-20, yesterday's high.

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