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(U9) Doji star: *RES 4:........>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (U9) Doji star:
*RES 4: 170-03 Sep 28 2016 high
*RES 3: 164-31 Nov 9 2016 high
*RES 2: 164-00 Psychological level
*RES 1: 163-31 Aug 7 high
*PRICE: 163-17 @ 10:38 BST, Aug 14
*SUP 1: 159-23 Aug 8 low
*SUP 2: 157-02 Jul 5 high
*SUP 3: 156-05/01 38.2% of Mar-Aug rally/50-dma
The US 30-Yr charted a Doji star candle pattern yesterday, which is normally a
sign of indecision. Failure to breach the Aug 7 high has seen the retracement
extend toward 163-00 and consolidate in narrow range trade. Bears take comfort
from the shooting star candle on the weekly charts, returning downside focus to
the Aug 6 low, ahead of the 38.2% retracement of the Mar-Aug rally at 156-05.
The psychological 164-00 level could prove hard to overcome with technical
indicators displaying heavily overbought conditions.

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