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(M9) 21-DMA Acts As Support *RES 4:......>

BUND TECHS: (M9) 21-DMA Acts As Support
*RES 4: 167.65 First Pivot Resistance (162.42 - 166.75) 
*RES 3: 166.83 High February 8 
*RES 2: 166.75 High March 28 
*RES 1: 166.00 High Apr 3 
*PRICE: 165.51 @ 05:00 GMT Apr 8 
*SUP 1: 165.19 21-dma 
*SUP 2: 164.62 Low March 22 
*SUP 3: 164.19 50-dma 
*SUP 4: 163.63 Low March 19 
Bund futures found some support at their 21-dma on Friday allowing bulls to
focus on the 166 level marking the April 3 high. Above here would open the March
28 high at 166.75, above which would reignite positive momentum bringing the Feb
8 high back into play on the continuation chart. Bears continue to look for a
close below the 21-dma now at 165.19 to open the March 22 low at 164.62 ahead of
the 50-dma at 164.19. 

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