(M0) Bullish Focus Remains Intact *RES...>

BUND TECHS: (M0) Bullish Focus Remains 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: 172.48 @ 04:46 BST Apr 28

*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 are unchanged. Last week the contract found strong support Thursday

at the day low of 171.29. While this level remains in place, the near-term

outlook remains bullish. A positive outlook follows the recent recovery off the

170.00 handle on Apr 8 and 9. Attention 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 instead threaten the bullish theme.