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(H18) Bulls Need Close Above 159.66......>

BUND TECHS: (H18) Bulls Need Close Above 159.66
*RES 4: 160.36 High Jan 26
*RES 3: 160.09 Hourly resistance Jan 26
*RES 2: 159.66 Low Jan 25 now resistance
*RES 1: 159.18 High Jan 30
*SUP 1: 158.66 2018 Low Jan 29
*SUP 2: 158.63 200-WMA
*SUP 3: 157.52 Low Dec 29 2015
*SUP 4: 156.78 Low Dec 16 2015
*COMMENTARY: Bears remain firmly in control with immediate focus on the 200-WMA.
Bears look for a weekly close below the 200-WMA to target 154.81 Nov 2015
monthly lows although layers of support 156.78-157.52 may slow the move. O/S
daily studies and the Bollinger base (159.33) remain concerns for bears. Bulls
need a close above 159.66 to ease bearish pressure and above 160.36 to pressure
160.64-161.13 where the 21-DMA is situated.

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