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(M18) Rally Stalls At 159.69, Watching...>

BUND TECHS
BUND TECHS: (M18) Rally Stalls At 159.69, Watching 159.01-158.82 Support
*RES 4: 160.98 Dec 11 high
*RES 3: 160.36 1% volatility band
*RES 2: 160.26 Dec 13 low, now resistance
*RES 1: 159.69 Mar 28 high
*PRICE: 159.25 @1510GMT
*SUP 1: 159.01 Mar 22-23 highs, now support
*SUP 2: 158.82 Hourly base Mar 27
*SUP 3: 158.53/55 Initial rally high Mar 22, Mar 23 low
*SUP 4: 158.30/35 Mar 19, Mar 16 highs, now support
*COMMENTARY* A further upside burst last Wednesday produced a run through the
76.4% Fibo retrace level at 159.48, to reach a high of 159.69. Has been unable
to impoove on this so far. Support from above the late March highs at 159.01 and
then more importantly from the 158.82 area. Loss would concern now and open up
corrective possibilities of gains from 157.67. Above 159.69 and currently not
much showing until 160.26 and then the 1% volatility band at 160.36. 

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