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(H18) 158.65-159.66 Resistance Region....>

BUND TECHS: (H18) 158.65-159.66 Resistance Region Key
*RES 4: 159.33 High Jan 31
*RES 3: 159.26 21-DMA
*RES 2: 158.92 High Feb 6
*RES 1: 158.65 High Feb 9
*SUP 1: 157.95 Low Feb 13
*SUP 2: 157.54 Low Feb 12
*SUP 3: 157.26 2018 Low Feb 8
*SUP 4: 156.78 Low Dec 16 2015
*COMMENTARY: Correcting O/S daily studies and the Bollinger base (157.10) remain
concerns for bears who are focused on 156.57-78 where the weekly bear channel
base is located. A close below 154.81 then targets 148.23 2015 lows. Bulls still
look for a close above 158.65 to ease bearish pressure and above 159.66 to
confirm breaks of the 21-DMA and the daily bear channel top (159.45), shifting
focus to 161.13-55 where 55 & 100-DMAs are noted.

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