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

BUND TECHS
BUND TECHS: (H18) 158.65-159.66 Resistance Remains Key
*RES 4: 159.00 21-DMA
*RES 3: 158.65 High Feb 9
*RES 2: 158.44 High Feb 13
*RES 1: 158.13 Alternating hourly support/resistance Feb 14
*PREVIOUS CLOSE: 157.76
*SUP 1: 157.42 Low Feb 15
*SUP 2: 157.26 2018 Low Feb 8
*SUP 3: 156.78 Low Dec 16 2015
*SUP 4: 156.45 Weekly Bear channel base (Off 2016 High)
*COMMENTARY: Hesitation ahead of the 158.65-159.66 resistance region sees bears
firmly in control and focused on 156.57-78 where the weekly bear channel base is
located. A close below 154.81 (Nov 2015 monthly low) 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
(159.32), shifting focus to 160.98-55 where 55 & 100-DMAs are noted.

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