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(M18) Below 55-DMA To Shift Focus........>

BUND TECHS: (M18) Below 55-DMA To Shift Focus Lower
*RES 4: 161.29 55-WMA
*RES 3: 160.98 Monthly High Dec 11
*RES 2: 160.26 Low Dec 13 now resistance
*RES 1: 159.84 High May 23
*SUP 1: 159.50 High May 21 now support
*SUP 2: 159.22 Hourly resistance May 23 now support
*SUP 3: 158.74 Low May 22
*SUP 4: 158.65 21-DMA
*COMMENTARY: Immediate bullish focus is now on the 160.26-161.29 region where
Dec monthly highs and 55-WMA are situated. The Bollinger top is the key concern
for bulls with potential to limit follow through. Bulls look for a close above
the 55-WMA to shift focus to 163.92 Dec highs. Bears now look for a close below
159.22 to gain breathing room and return pressure to 158.54-74 where 21 &
55-DMAs are noted.

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