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(Z9) Winning streak............>

US 30YR FUTURE TECHS
US 30YR FUTURE TECHS: (Z9) Winning streak continues
*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: 161-20 @ 11:20 BST, Sep 24
*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: 156-22 100-dma
The uptrend holds water early Tuesday after the Monday rally, with the bidtone
helping bulls reach the sixth consecutive session of higher highs. This makes
the near-term outlook far more positive, initially targeting 162-18 Fib
resistance and a close above here would be needed before the cycle highs at
167-18 become a more realistic prospect. The first target for bears remains the
recent low print at 157-17 ahead of Fib support kicking in just above the 157
handle.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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