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(H18) Enters Within Congested............>

BUND TECHS
BUND TECHS: (H18) Enters Within Congested 157.80-157.52 Support
*RES 4: 159.66 Jan 25 low, now resistance
*RES 3: 159.33 Jan 31 high
*RES 2: 158.81 Feb 1 high
*RES 1: 158.45/55 Hourly resistance
*PRICE: 157.96 @0830GMT
*SUP 1: 157.80 6 month bear channel base projection
*SUP 2: 157.71 Feb 2 low
*SUP 3: 157.61 1% volatility band
*SUP 4: 157.52 Dec 29 low 2015
*COMMENTARY* Has now entered into the congested band of support from between the
6 month bear channel base projection at 157.80 this week and the Dec 29 2015 low
at 157.52. Within here also lies a notable inhibitor of both gains and losses,
the 1% volatility band, at 157.61. Has become oversold in the near term and now
looking with interest upon 158.45-158.55 resistance. Will need to sustain a
rally back through here, before higher corrective potential will evolve.

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