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

BUND TECHS
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.

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