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(Z9) Breaks Lower *RES 4:......>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (Z9) Breaks Lower
*RES 4: 165-07 High Oct 7/8
*RES 3: 162-12/19 50-DMA / High Oct 11
*RES 2: 161-24 High Oct 14
*RES 1: 160-23 High Oct 17 and key near-term resistance
*PRICE: 158-25 @ 11:10 GMT, Oct 28
*SUP 1: 158-16 Intraday low
*SUP 2: 157-17 Low Sep 13 and key support
*SUP 3: 156-19 Low Aug 2
*SUP 4: 155-31 1.00 projection of Aug 28 - Sep 13 decline Sep 7 high
30yr futures have today cleared support at 159-02, Oct 22 low and traded through
the 100-dma at 158-30. This confirms a resumption of the downtrend paving the
way for a move towards the key support at 157-17, Sep 13 low. A break of this
level would open 155-31, a Fibonacci projection level. On the upside, resistance
has been defined at 160-23, Oct 17 high where a breach is required to relieve
the current bearish pressure.

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