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(M18) 159.89-158.82 Support Gets.........>

BUND TECHS
BUND TECHS: (M18) 159.89-158.82 Support Gets Squeezed
*RES 4: 160.85 1% volatility band
*RES 3: 160.26/28 Dec 13 low, 1.618 swing of 159.69-158.74
*RES 2: 159.66/69 Apr 4, Mar 28 highs
*RES 1: 159.45/50 Hourly resistance
*PRICE: 159.14 @1503GMT
*SUP 1: 158.74 Intraday low
*SUP 2: 158.53/55 Initial rally high Mar 22, Mar 23 low
*SUP 3: 158.30/35 Mar 19, Mar 16 highs, now support
*SUP 4: 158.17 Mar 20 high, now support
*COMMENTARY* Spent all last week trying to challenge March's 159.69 high but has
been unable to improve on this so far. A high of 159.66 attained, before once
again retreating within the recent range. Support from 159.89-159.82 has been
lost today, below cautions and opens up 158.55-158.17 potential. Resistance
159.45-159.50 but still need a move above that 159.69 to ease concerns,
160.18-160.26 higher.

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