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(M9) Extending The Downtrend...>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (M9) Extending The Downtrend
*RES 4: 151-06     Jan 17 2018 high
*RES 3: 149-31     61.8% 158-09-136-16
*RES 2: 148-27     Jan 4 high
*RES 1: 147-05     Feb 19 high
*PRICE: 144-09     @ 11:15 GMT, Mar 1
*SUP 1: 142-30/22  200-dma/50% 136-16 to 148-27
*SUP 2: 142-20     100-dma
*SUP 3: 139-14/13  Dec 3 low/76.4% 136-16-148-27
*SUP 4: 136-16/12+ Oct 2 low/61.8% 111-22-177-11
30-Yr futures breached the 50-dma with the downtrend extending toward 144-00. A
break here gives control back to the bears, targeting the 200-dma & 50%
retracement level at 142-30/22. Bulls look for a weekly close above 145 to
stabilise the outlook, with a break of recent range highs at 147-05 needed to
build upside momentum.

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