(M9) Correction Potential *RES 4:........>

BUND TECHS: (M9) Correction Potential

*RES 4: 168.86 June24 2016 High 

*RES 3: 167.65 First Pivot Resistance (162.42 - 166.75) 

*RES 2: 166.83 High February 8 

*RES 1: 166.75 High March 28 

*PRICE: 165.93 @ 03:36 GMT Apr 1 

*SUP 1: 165.68 Low March 27 

*SUP 2: 164.62 Low March 22 

*SUP 3: 164.75 21-dma 

*SUP 4: 163.63 Low March 19 

Bund futures have seen a pullback from their March 28 highs giving bears an

opportunity to target the March 27 low at 165.68. A break below here extends the

pullback towards the March 22 low and the 21-dma ahead of the March 19 low. On

the upside a break above the March 28 high at 166.75 would reignite positive

momentum bringing the Feb 8 high back into play on the continuation chart.