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(M18) 159.69 Resistance Key Today *RES...>

BUND TECHS
BUND TECHS: (M18) 159.69 Resistance Key Today
*RES 4: 160.26 Low Dec 13 now resistance
*RES 3: 159.69 Monthly High Mar 28
*RES 2: 159.58 Bollinger band top
*RES 1: 159.55 High Apr 18
*PREVIOUS CLOSE: 159.39
*SUP 1: 158.88 Hourly support May 21
*SUP 2: 158.52 21-DMA
*SUP 3: 157.61 Low May 15
*SUP 4: 157.43 Low Mar 24
*COMMENTARY: Gains continue with immediate bullish focus on 159.69 today. Daily
studies are well placed for a fresh leg higher with the Bollinger top the key
concern for bulls. Bulls need a close above 159.69 to confirm a break of the
200-WMA (159.64) and to shift immediate focus to 160.26-98. Initial support is
noted on the hourlies at 158.88 with bears needing a close below to gain
breathing room and below the 21-DMA to shift focus back to 157.34-61.

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