(M18) Rally Halted By Congested..........>

BUND TECHS: (M18) Rally Halted By Congested Resistance Below 158.95 

*RES 4: 159.84 1% volatility band

*RES 3: 159.69 Mar 28 high

*RES 2: 159.16 76.4% Fibo of 159.69-157.43

*RES 1: 158.91/95 Apr 30 high, Apr 13, Apr 17 lows

*PRICE: 158.49 @0735GMT

*SUP 1: 158.34/38 Hourly support, Apr 30 low

*SUP 2: 158.00 Initial recovery high Apr 24, now support

*SUP 3: 157.72 Hourly base Apr 25

*SUP 4: 157.43 Apr 24 low

*COMMENTARY* Last week's 157.43 low was enough of a correction, at least for the

time being. Thursday's move back above 158.00-158.05 turned the near term tide

and allowed some recovery of the losses seen since the Mar 28 high at 159.69.

Friday's rally through 158.50-158.56, sees the beginning of some congested

resistance, between 158.83 and 158.95 as potentially halting this rise. Above

and 159.16 becomes pivotal to direction. Support 158.34-158.00.