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(Z9) No recovery in sight......>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (Z9) No recovery in sight
*RES 3: 169-31/03 Low Jul 22 2016/High Sep 28 2016
*RES 2: 167-23 76.4% Fib 177-11 - 136-16
*RES 1: 167-18 Cycle High
*PRICE: 158-31 @ 11:22 BST, Sep 16
*SUP 1: 157-17 Low Sep 13
*SUP 2: 157-02/30 Jul 5 high/ 50% retracement Oct 2018 low to July 2016 high
*SUP 3: 156-01 100-dma
Last week's weakness has also opened the risk of a retreat back toward early
August lows and the 100-dma at 155-30. The close proximity to Wednesday's Fed
decision keeps the medium-term view clouded somewhat, but this deterioration is
making the longer-term far more neutral after looking outright bullish just a
few months ago. Firmer resistance sits between the 166-29/167-18 levels, which
bulls may find difficulty topping for now.

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