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(Z9) Retains neutral bias......>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (Z9) Retains neutral bias
*RES 4: 171-16 High Sep 7 2016
*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: 163-15 @ 11:27 BST, Sep 9
*SUP 1: 162-15 Low Aug 14
*SUP 2: 159-23 Low Aug 8
*SUP 3: 157-02/30 Jul 5 high/ 50% retracement Oct 2018 low to July 2016 high
*SUP 4: 155-29 High Jul 31
Despite the acute volatility in the shorter end of the curve last week, price
action in 30yr futures was far more contained, leaving the market looking
neutral. This keeps firmer resistance layered between the 166-29/167-18 levels
in tact, which bulls may find difficulty topping for now. The August 14 low at
162-15 is the primary downside target.

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