(H0) Still Looking For Weakness *RES.....>

BUND TECHS: (H0) Still Looking For Weakness

*RES 4: 175.55 1.618 projection of the Jan 2 - Jan 8 rally from Jan 14 low

*RES 3: 175.30 High Jan 31 and key resistance

*RES 2: 174.86 76.4% retracement of the Jan 31 - Feb 6 decline

*RES 1: 174.69 High Feb 10

*PRICE: 174.23 @ 04:43 GMT Feb 14

*SUP 1: 173.72 Low Feb 12

*SUP 2: 173.41 Low Jan 27 and Jan 29

*SUP 3: 173.11 50-day EMA

*SUP 4: 172.60 Jan 24 low

H0 Bund traded higher yesterday however futures remain below recent highs. The

outlook is unchanged with the near-term view still bearish. This follows the

pullback between Jan 31 and Feb 6 that is seen as the start of a correction.

Attention remains on 173.41, the Jan 27 and 29 low where a break would confirm

scope for a deeper pullback towards 173.15, an area of support marked by the

50-day EMA. Resistance is at 174.69, the Feb 10 high.