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(U18) Holding On To............>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (U18) Holding On To Resistance-Turned-Support
*RES 4: 146-11 Jul 6 5-Month High
*RES 3: 145-09 76.4% retracement from 141-28/146-11
*RES 2: 144-25 Aug 13 high
*RES 1: 144-11 Aug 14 Intraday High
*PRICE: 144-00 @10:25 GMT
*SUP 1: 144-00 Trendline previously broken
*SUP 2: 143-29 50 dma
*SUP 3: 143-19 Top end of Jul 24-Aug 9 range
*SUP 4 141-27 Aug 1 low
The breakout on Aug 10 through trendline resistance at 144-05 could prove false,
as the 30-yr future at 144-00 is right on that trendline which is now support.
If it can hold, next major upside level is the 144-25 Aug 13 high, with a move
through the 145-09 retracement level setting up a further rise to 146-11. If
support fails, next key level down is 143-19 which marks the top end of the Jul
24-Aug 9 range and the 38.2% Fibo retracement level from the 146-11 July 6 high.

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