(Z17) Rally Approaches Upper...>

US 30YR FUTURE TECHS: (Z17) Rally Approaches Upper 1% Volatility Band

*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: 154-05/10 Oct 13 high, 50% of 158-09/150-10

*RES 1: 153-22 1% volatility band

*PRICE: 153-14 @1156GMT

*SUP 1: 152-13/19 Hourly supportOct 31 high

*SUP 2: 151-31 Nov 1 low

*SUP 3: 151-11 Oct 30 low

*SUP 4: 151-00 Congestion area Oct 25-27

*COMMENTARY* The recovery is now through 153-10/153-11 resistance and is now

challenging the upper 1% volatility band, at 153-22 by time today. Above here is

needed before taking the next step higher, which would be a return to the Oct 13

high at 154-05 and the slightly higher 50% Fibo retrace level at 154-10. As a

result, nearest support now comes from the Oct 31 high at 152-19 and then the

152-13 level. Ideally stay above the latter now, if rally to continue.