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(Z17) Fibo Support At 150-18...>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (Z17) Fibo Support At 150-18 The Next Downside Target
*RES 4: 153-10 Oct 17 low, now resistance
*RES 3: 152-20/25 Oct 23 high, Oct 18 low
*RES 2: 152-07 Congestion area Oct 20-24
*RES 1: 151-25 Oct 20 low, now resistance
*PRICE: 150-29 @1100GMT
*SUP 1: 150-18 61.8% Fibo of 145-26/158-09
*SUP 2: 150-07/12 May 11 low, 2017 bull channel base proj'n
*SUP 3: 149-25 2% volatility band
*SUP 4: 148-24 76.4% Fibo of 145-26/158-09
*COMMENTARY* The 151-25 level has given way as has the month's previous 151-07
low. This sees the 61.8% Fibo retrace level at 150-18 as the next downside
target, ahead of the 2017 bull channel base projection at 150-12 and the May 11
low at 150-07. The Oct 20 low at 151-25 provides initial resistance but
currently requires a move back above 152-07 before the immediate downside bias
is reduced.

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