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

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (Z9) Edges Lower
*RES 4: 163-18 76.4% retracement of Oct 7 - Oct 28 decline
*RES 3: 162-19 High Oct 11
*RES 2: 161.30 50-DMA
*RES 1: 161-22 High Nov 1
*PRICE: 160-02 @ 11:36 GMT, Nov 4
*SUP 1: 159-21 Low Oct 31
*SUP 2: 158-05 Low Oct 28 and primary support
*SUP 3: 157-17 Low Sep 13 and key support
*SUP 4: 156-19 Low Aug 2
30yr futures remain under pressure today as prices pullback from last weeks high
of 161-22. Attention turns to support at 159-21, Oct 31 low that is seen as an
intraday pivot point. An ability to hold above this level and recover, would
maintain a near-term bullish focus leaving 161-22, Nov 1 high exposed. A break
higher through the resistance would open 162-19 and 163-18, 76.4% of the Oct 7 -
Oct 28 decline. A failure to hold above 159-21 exposes 158-05.

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