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(Z9) Retracement in full.......>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (Z9) Retracement in full swing
*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: 162-28 @ 11:25 BST, Sep 10
*SUP 1: 162-15 Low Aug 14
*SUP 2: 159-23/26 Low Aug 8/50-DMA
*SUP 3: 157-02/30 Jul 5 high/ 50% retracement Oct 2018 low to July 2016 high
*SUP 4: 155-29 High Jul 31
Prices pulled back further Monday, keeping the market in retracement mode.
There's still a fair bit of room below before the outlook shifts to bearish,
with the close proximity to the September Fed decision also keeping the
medium-term view clouded. 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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