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(Z9) Corrective Below..........>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (Z9) Corrective Below Channel Resistance
*RES 4: 161-22 High Nov 1 and key resistance
*RES 3: 160-26 High Nov 4
*RES 2: 159-17 Trendline resistance drawn off Oct 8 high
*RES 1: 159-00 High Nov 7
*PRICE: 158-04 @ 11:42 GMT, Nov 18
*SUP 1: 156-11 Low Nov 13
*SUP 2: 155-26 Low Nov 7
*SUP 3: 154-21 Bear channel base drawn off Sep 3 high
*SUP 4: 153-25 1.236 projection of Aug 28 - Sep 13 decline from Oct 7 high
30yr futures prices are consolidating following last weeks corrective gains.
Attention is on resistance at 159-00, Nov 7 high and 159-17, the trendline drawn
off the Oct 8 high. A break of this zone is required to signal scope for a
stronger recovery that would open 161-22, Nov 1 high. On the downside, key
support remains 155-26, Nov 7 low where a break would instead confirm a
resumption of the underlying downtrend.

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