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(Z17) 153-10/153-11 Break......>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (Z17) 153-10/153-11 Break The Key To Continued Progress
*RES 4: 155-04/08 Sep 25 high, 61.8% of 158-09/150-10
*RES 3: 154-05/10 Oct 13 high, 50% of 158-09/150-10
*RES 2: 153-17 1% volatility band
*RES 1: 153-10/11 Oct 17 low, 38.2% of 158-09/150-10
*PRICE: 152-27 @1113GMT
*SUP 1: 151-31 Nov 1 low
*SUP 2: 151-11 Oct 30 low
*SUP 3: 151-00 Congestion area Oct 25-27
*SUP 4: 150-07/10 May 11, Oct 27 lows
*COMMENTARY* The downside push continued last week, most latterly in a dip to
150-10 on Friday, just below the 2017 bull channel base projection but for the
time being still above the May 11 low at 150-07. Will need to hold here to avoid
the eventuality of a deeper fall towards the lower 2% volatility band and
perhaps the 76.4% Fibo level at 148-24. Meanwhile, back above 151-25 has helped,
153-10/11 now the key to any further progress.

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