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(H18) 158.85-159.66 Resistance Region....>

BUND TECHS
BUND TECHS: (H18) 158.85-159.66 Resistance Region Key
*RES 4: 159.66 High Jan 29
*RES 3: 159.33 High Jan 31
*RES 2: 158.85 High Feb 21
*RES 1: 158.68 Daily Bear channel top (Off Dec 15 High)
*PREVIOUS CLOSE: 158.68
*SUP 1: 158.17 Low Feb 21
*SUP 2: 157.90 Low Feb 21
*SUP 3: 157.65 Low Feb 16
*SUP 4: 157.42 Low Feb 15
*COMMENTARY: Hesitation around the daily bear channel top continues with bulls
needing a close above 158.85 to confirm a break of the channel top and 21-DMA
(158.48), easing bearish pressure and above 159.66 to shift focus to
160.59-161.19 where 55 & 100-DMAs are noted. Bears now need a close below 158.17
to gain breathing room. A close below 157.26 remains needed to add weight to the
case for a test of the bear channel base (156.11).

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