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(M18) Sideways Trading Persists *RES.....>

BUND TECHS
BUND TECHS: (M18) Sideways Trading Persists
*RES 4: 160.98 Monthly High Dec 11
*RES 3: 160.26 Low Dec 13 now resistance
*RES 2: 160.12 Bollinger band top
*RES 1: 159.69 High Mar 28
*PREVIOUS CLOSE: 159.39
*SUP 1: 158.89 Low Apr 5
*SUP 2: 158.53 Hourly resistance Mar 22 now support
*SUP 3: 158.35 High Mar 16 now support
*SUP 4: 158.12 Hourly resistance Mar 20 now support
*COMMENTARY: Sideways trading 158.89-159.69 continues with daily studies
correcting from O/B. Bulls now look for a close above 159.69 to kick start
topside momentum and above 160.26 to initially target 160.98 Dec highs. Bears
still need a close below 158.89 to pressure the key 158.12-53 support region
where the bull channel base, and 100-DMA are situated. Overall below the 55-DMA
(157.22) hints at a move back to 2018 lows.

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