(M0) Bullish Focus Intact *RES 4:........>

BUND TECHS: (M0) Bullish Focus Intact

*RES 4: 173.83 High Mar 30 and key resistance

*RES 3: 173.48 High Apr 1

*RES 2: 173.26 High Apr 21 and bull trigger

*RES 1: 172.95 High Apr 22

*PRICE: 172.35 @ 04:44 BST Apr 27

*SUP 1: 171.29 Low Apr 23

*SUP 2: 170.77 76.4% retracement of the Apr 8 - 21 rally

*SUP 3: 170.28 Low Apr 14

*SUP 4: 170.00 Low Apr 8 and round number support

Bund futures found strong support Thursday at the day low of 171.29. While this

level remains in place, the near-term outlook is bullish and the focus is on

gains. A positive outlook follows the recent recovery off the 170.00 handle on

Apr 8 and 9. The focus is on 173.26, Apr 21 high and the near-term bull trigger.

A break would open 173.83, Mar 30 high. Weakness through 171.29 would threaten

the bullish theme.