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(M9) Developing Trend *RES.....>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (M9) Developing Trend
*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: 145-20        @ 10:26 GMT, Mar 11
*SUP 1: 143-16/02     Mar 4 low/100-dma
*SUP 2: 143-01/142-22 200-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
Despite failing to clear the 50% retracement level on Friday, US 30 Yr futures
retain a buoyant tone. Bulls need a close above pivotal resistance at 146-17 to
extend the broader-based rally, above here opens the potential of a run toward
the Jan 4 ytd high at 148-27. 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 143-01/142-22.

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