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(M18) 157.34 Support Key *RES 4:.........>

BUND TECHS
BUND TECHS: (M18) 157.34 Support Key
*RES 4: 159.28 High May 8
*RES 3: 158.79 Low May 11 now resistance
*RES 2: 158.55 21-DMA
*RES 1: 158.50 High May 16
*PREVIOUS CLOSE: 158.09
*SUP 1: 157.83 100-DMA
*SUP 2: 157.48 Bollinger band base
*SUP 3: 157.43 Low Mar 24
*SUP 4: 157.34 Low Mar 14
*COMMENTARY: The sell-off that began with hesitation at 159.42 sees immediate
focus on 157.34-48. Bears now need a close below 157.34 to shift initial focus
to 156.22 and overall focus back to 154.62-155.25 where 2018 lows are noted.
Daily studies are well placed for a fresh leg lower. Bulls now need a close
above the 21-DMA to ease bearish pressure and above 158.79 to initially focus on
159.28-69 where monthly highs are located.

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