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(Z18) Shallow Recovery *RES....>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (Z18) Shallow Recovery
*RES 4: 143-06     Down trendline res off Dec 2017 highs/200-DMA
*RES 3: 142-13     Sep 7 - Sep 10 lows
*RES 2: 142-05     100-DMA
*RES 1: 141-06     50% 145-29-136-16
*PRICE: 137-21     @ 10:34 GMT, Nov 6
*SUP 1: 136-16/12+ Oct 2 low/61.8% 111-22-177-11
*SUP 2: 135-13     Sep 19 2014 low
*SUP 3: 133-06     50% 89-00-177-11
*SUP 4: 131-21     Apr 4 2014 low
Bulls have so far failed to recover 138-00, suggesting resumption of the
long-term downtrend. Bears focus on a break of Friday's multi-year low & 61.8%
retracement levels at 136-16/12. Below here opens the Sep 19 2014 low at 135-13,
ahead of the 50% retracement at 133-06. Bulls initially need to recover the
76.4% retracement at 139.07, before targeting a break of the 140-00 level to
change the short-term outlook.

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