(M0) Bullish Focus *RES 4: 173.83 High...>

BUND TECHS: (M0) Bullish Focus

*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: 172.41 @ 04:59 BST Apr 24

*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 traded lower yesterday but found strong support at the day low of

171.29. The recent move lower is considered a correction. Attention is on gains

with a bullish theme still in place following the recent recovery off the 170.00

handle. Resistance is located at Tuesday's 173.26 high. This level is the bull

trigger, a break would open 173.83, Mar 30 high. Weakness through 171.29 would

instead undermine the bullish tone.