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(U9) Momentum flagging *RES....>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (U9) Momentum flagging
*RES 4: 171-16 High Sep 7 2016
*RES 3: 169-31/03 Low Jul 22 2016/High Sep 28 2016
*RES 2: 167-23 76.4% Fib 177-11 - 136-16
*RES 1: 166-30/00 High Aug 15/Psychological level
*PRICE: 163-17 @ 11:52 BST, Aug 23
*SUP 1: 162-15 Low Aug 14
*SUP 2: 159-23 Low Aug 8
*SUP 3: 157-02/30 Jul 5 high/ 50% retracement Oct 2018 low to July 2016 high
*SUP 4: 155-29 High Jul 31
After being held in the orbit of the 165-00 handle, US 30yr futures have
gravitated downwards. However, as long as we remain above the August 14 low of
162-15 the uptrend remains in play. Bulls need to initially regain 165-00. Above
here focus will turn to the August 15 high and 76.4% retracement of the Oct 2018
low to July 2016 high at 167-23. This level marks the next key resistance level.

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