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(H0) Uptrend Resumes *RES 3: 176.16......>

BUND TECHS
BUND TECHS: (H0) Uptrend Resumes
*RES 3: 176.16 Oct 10 High
*RES 2: 175.55 1.618 projection of the Jan 2 - Jan 8 rally from Jan 14 low
*RES 1: 175.30 High Jan 31 and key bull trigger
*PRICE: 175.20 @ 06:02 GMT Feb 21
*SUP 1: 173.72 Low Feb 12
*SUP 2: 173.41 Low Jan 27 and Jan 29
*SUP 3: 173.21 50-day EMA
Bulls cleared the Tuesday high as well as the 175 hand & the -0.45% mark in
yields (175.15 in price terms). This suggests scope for a recovery towards
resistance at 175.30, the Jan 31 high. A 175.30 break would confirm a resumption
of this year's uptrend. Sub 173.42 levels are required to reinstate a bearish
theme and the 50-day EMA.

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