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(M9) Corrective Pullback *RES 4:.........>

BUND TECHS
BUND TECHS: (M9) Corrective Pullback
*RES 4: 169.10 Channel top resistance 
*RES 3: 168.86 High June 24, 2016 (continuation chart) 
*RES 2: 167.44 High May 15
*RES 1: 167.27 High May 16
*PRICE: 167.03 @ 01:21 GMT May 17 
*RES 1: 166.75 High March 28 
*SUP 2: 165.94/92 Low May 10,8 
*SUP 3: 165.17 55-dma 
*SUP 4: 164.82 Low May 3 
Wednesday's pullback extended yesterday but declines have remained corrective
keeping the focus on the upside. Bulls look to yesterday's high at 167.27 with a
break opening the ytd high at 167.44 seen on Wednesday. Bears look for a drop
back below the March 28 high at 166.75 while a close back below 166 would shift
the focus back to the 55-dma/May 3 low at 165.17/164.82. Below here is needed to
suggest a downside reversal.

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