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(H9) Bearish Break Extends *RES 4: 167.70.....>

BUNDS
BUNDS: (H9) Bearish Break Extends
*RES 4: 167.70 Channel top (continuation chart) 
*RES 3: 167.21 138.2% projection from 165.84-166.83 
*RES 2: 166.83 High Feb 8 
*RES 1: 165.98/166.06 Feb 28 highs/21-dma 
*PRICE: 165.28 @ 04:09 GMT Mar 1 
*SUP 1: 165.15 Low Feb 28 
*SUP 2: 165.05/164.93 50-dma/low Feb5 
*SUP 3: 163.84 Low Jan 18 
*SUP 4: 163.48 Low Jan 9 
Bund futures have extended their selloff towards the 50-dma which crosses at
165.05. Below here and the Feb 5 low at 164.93 would open a run at the Jan 18
low at 163.84. To reignite upside momentum bulls need to regain the 21-dma and
take out the Feb 8 high at 166.83. Above here would open the channel top at
167.70.

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