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(M0) Trades Down To The........>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (M0) Trades Down To 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: 176-18 @ 10:51 GMT, Mar 13
*SUP 1: 172-05 20-day EMA and intraday low
*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 today extending the pullback off Monday's high of
191-22. Price has bounced though. The strong uptrend has been in overbought
territory for some time and the focus is on the potential for an extension of
this much needed technical correction. Futures have retraced to the 20-day EMA
around 172-05 that represents an important area of support. If cleared , this
would open 170-18 and the 50-day EMA at 166-02. Initial resistance is at 184-07.

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