(M0) Holding Above Support *RES 4:.......>

BUND TECHS: (M0) Holding Above Support

*RES 4: 175.41 Low Mar 10

*RES 3: 174.81 61.8% retracement of the Mar 9 - 19 decline

*RES 2: 174.69 High May 4

*RES 1: 174.24 High May 8

*PRICE: 173.70 @ 04:46 BST May 14

*SUP 1: 172.80 Low May 12

*SUP 2: 172.69 50-day EMA

*SUP 3: 172.09 Low Apr 28

*SUP 4: 171.29 Low Apr 23 and bear trigger

Bund futures are unchanged and continue to trade above support at 172.80, May 12

low. The trend outlook is unchanged too and remains bullish while above 172.80.

Attention is on the May 4 high of 174.69. A break would confirm a resumption of

the uptrend and open 174.81, 61.8% of the Mar 9 - 19 decline and 175.41, Mar 10

low. A clear breach of support at 172.80 is required to alter the picture.