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US 30YR FUTURE TECHS: (Z18)....>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: US 30YR FUTURE TECHS: (Z18) Retains Bearish Outlook
*RES 4: 145-20 Top of triangle beginning May; 200-DMA
*RES 3: 143-22 100-DMA
*RES 2: 142-31 Bottom of triangle beginning May
*RES 1: 142-13 Sep 7 / Sep 10 lows
*PRICE: 141-23 @09:55 GMT, 17 Sep
*SUP 1: 141-17 Intraday low
*SUP 2: 140-05 May 18 low
*SUP 3: 136-31 61.8% retracement (112-00 in 2009/177-11 in 2016)
*SUP 4: 134-11 Sep 30 2014 low
Today's breach of channel base support keeps the 30-Yr Dec18 contract in the
major downtrend and maintains the bearish technical picture. The move to near
4-month lows opens support from the May 18 low at 140-05, a break below here
opens the 61.8% retracement of 2009 low to 2016 high at 136-31 and levels not
seen since 2014. Bulls need to reclaim the bottom of the triangle and 100-dma to
change the short-term outlook.

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