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(Z9) Closing In On Key.........>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (Z9) Closing In On Key Support
*RES 4: 162-19 High Oct 11
*RES 3: 161.27 50-DMA
*RES 2: 161-22 High Nov 1
*RES 1: 160-26 High Nov 4
*PRICE: 158-26 @ 11:47 GMT, Nov 5
*SUP 1: 158-18 Intraday low
*SUP 2: 158-05 Low Oct 28 and key support
*SUP 3: 157-17 Low Sep 13 and primary support
*SUP 4: 156-19 Low Aug 2
30yr futures remain under pressure again today, as prices pullback from last
weeks high of 161-22. Former support at 159-21, Oct 31 low seen as an intraday
pivot point yesterday has been breached. This signals scope for a deeper
pullback with support at 158-05, Oct 28 low exposed. A breach of this latter
level would set the scene for a move to 157-17, Sep 13 low and the primary
support. Initial resistance is at 160-26, yesterday's high.

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