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(U9) Stuck in The Range *RES...>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (U9) Stuck in The Range
*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: 153-22    @ 09:32 GMT, Jun 7
*SUP 1: 152-01    May30 low
*SUP 2: 151-00    May 28 low
*SUP 3: 149-09/05 50% fibo Apr-May rally/50-dma
*SUP 4: 148-10    T-line support off Mar lows
*SUP 5: 147-29/19 61.8% Apr-May rally/100-dma
The minor pullback off recent cycle highs has seen 30-Yr futures consolidate in
narrow range trade, looking for direction. Bulls need to recover 155-00/05 to
return focus to the topside and the 50% retracement level of the Jul 2016
high-Oct 2018 low at 156-30. Bears need to clear 153-00, below here opens the
50% retracement of Apr-May rally at 149-09.

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