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(U9) 162-00 Breached: *RES.....>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (U9) 162-00 Breached:
*RES 4: 170-03    Sep 28 2016 high
*RES 3: 164-31    Nov 9 2016 high
*RES 2: 163-00    Psychological level
*RES 1: 162-20    Intraday high
*PRICE: 162-08    @ 11:06 BST, Aug 7
*SUP 1: 160-01    Aug 6 low
*SUP 2: 157-02    Jul 5 high
*SUP 3: 155-10/05 38.2% of Mar-Aug rally/50-dma
Treasures continue on the frontfoot with the 30-Yr set to register its eighth
gain in the last nine sessions. The break above 162-00 to fresh multi-month
highs opens a move towards the psychological 163-00 level, ahead of the Nov 9
2016 high at 164-31. Technical indicators remain heavily overbought with the RSI
currently above 80, suggesting a reversal could be imminent. On the downside,
bears need to clear the Aug 6 low, before returning the focus to the 38.2%
retracement of the Mar-Aug rally.

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