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(H9) Bull Flag Potential *RES 4:.........>

BUND TECHS
BUND TECHS: (H9) Bull Flag Potential
*RES 4: 170.00 Resistance 
*RES 3: 168.42 High Sep 9 2016 (continuation chart) 
*RES 2: 167.00 Channel top (continuation chart) 
*RES 1: 166.83 High Feb 8 
*PRICE: 166.55 @ 04:10 GMT Feb 26 
*SUP 1: 166.06 21-dma 
*SUP 2: 163.84 Low Jan 18 
*SUP 3: 163.15 Low Dec 27 
*SUP 4: 162.51 Low Dec 13 (continuation chart) 
Bund futures continue to respect their 21-dma which keeps the focus on the
upside and on a potential bull flag breakout. Bulls need to take out the Feb 8
high at 166.83 to suggest a break. Above here would open the channel top at
167.00 ahead of a run at the Sep 2016 high at 168.42 on the continuation chart.
Bears need a close below the 21-dma at 166.06 to gain the upper hand. A break
below here would suggest a downside reversal towards the Jan 18 low at 163.84.

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