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(Z17) 61.8% Fibo Level.........>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (Z17) 61.8% Fibo Level Holds, 154-02/154-05 Resistance
*RES 4: 156-13 76.4% Fibo of 158-09/150-10
*RES 3: 155-04/08 Sep 25 high, 61.8% of 158-09/150-10
*RES 2: 154-26/30 Nov 8 high, 1% volatility band
*RES 1: 154-02/05 Hourly base Nov 9, hourly resistance
*PRICE: 153-24 @1217GMT
*SUP 1: 152-30 Nov 13 high, now support
*SUP 2: 152-15/24 Hourly support
*SUP 3: 152-01 Nov 12 low
*SUP 4: 151-31 Nov 1 low
*COMMENTARY* Has found some support from the 61.8% Fibo retrace level at 152-01
and this has helped to reduce the immediate downside bias. The further move
above 153-01/153-18 is also encouraging and suggests there will be scope for a
higher 154-02/154-05 rise, where next questions are asked. Support as a result
also rises, 152-30/152-15 should now hold any setbacks if the recovery is set to
continue.

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