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(U9) Based Ahead of 153-00.....>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (U9) Based Ahead of 153-00
*RES 4: 161-24    61.8% Jul 2016 high-Oct 2018 low
*RES 3: 158-09    Sep 8 2017 high
*RES 2: 156.30    50% Jul 2016 high-Oct 2018 low
*RES 1: 155-01    Jun 3 high
*PRICE: 153-24    @ 09:55 GMT, Jun 6
*SUP 1: 152-01    May30 low
*SUP 2: 151-00    May 28 low
*SUP 3: 149-09/02 50% fibo Apr-May rally/50-dma
*SUP 4: 148-10    T-line support off Mar lows
*SUP 5: 147-29/17 61.8% Apr-May rally/100-dma
Having topped out at 155-01 on Monday, bearish divergence off the high has seen
the retracement extend toward the 153-00 level. Despite this, the recent uptrend
remains intact with bulls targeting a break of the 50% retracement of the Jul
2016 high-Oct 2018 low at 156-30. Bears need to clear 153-00 to change the
outlook and return the focus to the 50% fibo of Apr-May rally at 149-09.

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