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(Z9) Quiet But Remains.........>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (Z9) Quiet But Remains Bearish
*RES 4: 165-07 High Oct 7/8
*RES 3: 162-15 High Oct 11 and 50-DMA
*RES 2: 161-24 High Oct 14
*RES 1: 160-26 High Oct 16
*PRICE: 159-24 @ 10:32 GMT, Oct 25
*SUP 1: 158-28 100-DMA
*SUP 2: 157-17 Low Sep 13 and key support
*SUP 3: 156-19 Low Aug 2
*SUP 4: 156-00 Bear channel base drawn off Sep 3 high
30yr futures upside follow has not materialised this week thus far and
consolidation continues to dominate. For now, attention remains on the 100-dma
at 158-28. The outlook remains bearish following the recent break of 76.4% of
the rally between Sep 13 - Oct 7 at 159-11. A move below the 100-dma would open
the key support at 157-17, the September low. On the upside, resistance is at
160-26 and 161-24. The 50-DMA represents a firm ceiling at the 162-15 area.

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