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(M9) Back Below 50-DMA *RES....>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (M9) Back Below 50-DMA
*RES 4: 149-31        61.8% 158-09-136-16
*RES 3: 148-27        Jan 4 ytd high
*RES 2: 147-05        Feb 19 high
*RES 1: 146-06/17     50% 148-27-143-16/pivotal resistance
*PRICE: 145-09        @ 10:24 GMT, Mar 12
*SUP 1: 143-16/04     Mar 4 low/100-dma
*SUP 2: 143-02/142-22 200-dma/50% 136-16 to 148-27
*SUP 3: 141-04        Sep 28 high
*SUP 4: 139-14/13     Dec 3 low/76.4% 136-16-148-27
30-yr futures extended the downtrend to close below its 50-dma yesterday. Bears
need to clear the Mar 4 low & 100-dma to regain control, targeting a downside
break of the 200-dma & 50% retracement level at 143-02/142-22. Bulls need to
recover the 146 handle, before targeting pivotal resistance at 146-17. A break
above here opens the potential of a run toward the Jan 4 ytd high at 148-27.

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