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(H18) Above 159.66 To Target.............>

BUND TECHS
BUND TECHS: (H18) Above 159.66 To Target 160.76-161.23
*RES 4: 159.66 High Jan 29
*RES 3: 159.33 High Jan 31
*RES 2: 158.89 Daily Bear channel top
*RES 1: 158.69 21-DMA
*PREVIOUS CLOSE: 158.38
*SUP 1: 157.90 Low Feb 21
*SUP 2: 157.65 Low Feb 16
*SUP 3: 157.42 Low Feb 15
*SUP 4: 157.26 2018 Low Feb 8
*COMMENTARY: Hesitation ahead of 158.69-159.66 continues with bulls continuing
to look for a close above 159.66 to confirm breaks of the 21-DMA and the daily
bear channel top, shifting focus to 160.76-161.23 where 55 & 100-DMAs are noted.
Bears now look for a close below 157.90 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 (156.32). Daily studies have corrected to more neutral levels.

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