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(H18) 158.85-159.05 Support Region Now...>

BUND TECHS
BUND TECHS: (H18) 158.85-159.05 Support Region Now Key
*RES 4: 161.15 100-DMA
*RES 3: 160.37 55-DMA
*RES 2: 160.36 High Jan 26
*RES 1: 159.67 High Feb 26
*PREVIOUS CLOSE: 159.26
*SUP 1: 159.05 Low Feb 27
*SUP 2: 158.85 Highs Feb 21 & 22 now support
*SUP 3: 158.52 Hourly support Feb 22
*SUP 4: 158.17 Low Feb 21
*COMMENTARY: The lack of follow through on the marginal break of 159.67 is less
than ideal with daily studies at O/B levels. The Bollinger top (159.46) is the
key concern for bulls and limits follow through. The 158.85-159.05 support
region is now key. Bears need a close below 158.85 to shift focus back to 158.17
and below this level to target 157.26-42. A close above 159.67 remains needed to
target 160.36-161.13 where 55 & 100-DMAs are noted.

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