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(H0) Bullish Focus *RES 4: 175.20........>

BUND TECHS
BUND TECHS: (H0) Bullish Focus
*RES 4: 175.20 1.500 projection of the Jan 2 - Jan 8 rally from Jan 14 low
*RES 3: 175.00 Round number resistance
*RES 2: 174.84 1.382 projection of the Jan 2 - Jan 8 rally from Jan 14 low
*RES 1: 174.48 High Jan 28
*PRICE: 174.40 @ 04:43 GMT Jan 30
*SUP 1: 173.41 Low Jan 27 and Jan 28
*SUP 2: 172.60/57 Jan 24 low / 50% of the Jan 14 - Jan 28 rally
*SUP 3: 172.35 Low Jan 23
*SUP 4: 172.11 61.8% retracement of the Jan 14 - Jan 28 rally
H0 Bund rebounded off the day low yesterday and attention is back on the recent
high of 174.48. The recovery off yesterday's low reinforces the view that
pullbacks are corrective with underlying bullish conditions still intact.
Momentum and MA studies are also pointing north reinforcing current conditions.
A break of 174.48 would open 174.84, a Fibonacci projection. Support lies at
173.41, yesterday's low.

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