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(U9) Multi-month highs: *RES...>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (U9) Multi-month highs:
*RES 4: 164-31 Nov 9 2016 high
*RES 3: 162-19 Oct 17 2016 low
*RES 2: 162-00 Psychological level
*RES 1: 161-31 Intraday high
*PRICE: 160-19 @ 11:25 BST, Aug 6
*SUP 1: 157-02 Jul 5 high
*SUP 2: 154-30/29 50-dma/38.2% of Mar-Aug rally
*SUP 3: 152-27 Jun 11 low, key support
*SUP 4: 151-17 100-dma
Having previously breached the key 160-00 level, treasuries firmed on the China
'manipulation' remarks with the 30-Yr printing 161-31. The longer-term bullish
trend remains intact with upside focus on the Oct 17 2016 low at 162-19.
Technical indicators remain heavily overbought, suggesting a reversal could be
imminent. On the downside, bears look to clear the Jul 5 high, before returning
the focus to the 50-dma & 38.2% retracement of the Mar-Aug rally.

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